Friday 30 June 2023

ETHEREUM GAINS INVESTORS’ CONFIDENCE WITH 2.08% RISE IN 24 HOURS

At the time of filing this report, the second largest cryptocurrency, Ethereum, is selling at the price of $1,885.63.
 
This represents a 2.08% rise in the last 24 hours, a 0.24% gain across the previous seven days, and an advance of 0.80% on its monthly chart.
 
It can be regurgitated that following the Shanghai upgrade-enabled staked Ethereum withdrawals, more people are choosing to lock up their coins in beacon deposit contracts, demonstrated by the fact that since the update, the amount of staked Ethereum has increased rapidly and set a new record.

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