Bitcoin (BTC) $82,963.99 0.27%
Ethereum (ETH) $2,501.95 0.28%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 109.300566 -0.68%
Chainlink (LINK) $12.90 -0.22%
Cardano (ADA) $0.25 -2.61%
Litecoin (LTC) $63.65 -0.43%
Dash (DASH) $50.59 -2.30%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.488096 -3.57%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 30206

Markets: 111093

Market Cap: $2,800,699,995,641

24h Vol: $42,813,211,715

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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