Bitcoin (BTC) $70,808.89 8.67%
Ethereum (ETH) $2,068.22 7.67%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 87.092176 6.82%
Cardano (ADA) $0.28 9.72%
Chainlink (LINK) $8.85 7.54%
Litecoin (LTC) $55.17 5.47%
Dash (DASH) $38.30 9.70%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.863633 13.11%
X-CASH (XCASH) 6.0E-6 3.77%
Dogecoin (DOGE) $0.00 -5.77%

Cryptocurrencies: 28461

Markets: 119428

Market Cap: $2,403,694,747,923

24h Vol: $298,553,492,204

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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