Earlier than the improve, some crypto watchers fearful that the occasion would flood the market with hundreds of thousands of unlocked ETH and crash the second largest cryptocurrency’s worth, though others predicted little impression or that the worth would rise. Information of a seamless implementation pushed ETH’s worth above $2,100 the day following, its highest degree since Could 2022. ETH outperformed bitcoin (BTC) in that 24-hour interval. ETH was just lately buying and selling at about $2,070, down greater than 2% over the previous 24 hours.
