Bitcoin (BTC) $77,198.91 -1.64%
Ethereum (ETH) $2,466.64 -0.57%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 99.816989 -2.16%
Chainlink (LINK) $11.57 -2.45%
Cardano (ADA) $0.21 -2.09%
Litecoin (LTC) $52.88 0.06%
Dash (DASH) $55.78 -3.58%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.508587 -1.85%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.28%

Cryptocurrencies: 30010

Markets: 116712

Market Cap: $2,629,844,400,157

24h Vol: $85,344,793,391

CoinDesk

2023-03-02 21:33:00

Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say

Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say

Many investors fear that ETH’s price may tumble as the Shanghai upgrade will allow withdrawals for some $29 billion of previously locked ETH. Crypto analysts CoinDesk interviewed are saying that concerns are overblown and the selling pressure will be limited.

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