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Ethereum Price $3K Rally at Risk as ETH Turns Inflationary Post-Dencun

source-logo  coingape.com 06 October 2024 20:30, UTC

The Ethereum price surged 1.03% during the low-volatility Sunday trading session to currently trade at $2,438.The upswing market is a recovery from weekday selling pressure fueled by a war-like situation between Israel and Iran. Will the correction trend extend as ETH L1 fees record an all-time low, promoting a reverse from the prior deflationary trend?

coingape.com