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waldo77

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waldo77

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Tuesday, 09/13/2022 11:28:02 AM

Tuesday, September 13, 2022 11:28:02 AM

Post# of 3868
With Inflation at 8.3%, Ethereum Risks “Sell the News” Merge
https://cryptobriefing.com/with-inflation-8-3-ethereum-risks-sell-the-news-merge/

short selling, day trading vultures circling...? sad...go eth !

Key Takeaways

-- Ethereum has dropped by 8.7% after U.S. inflation fell by less than analysts' expectations.

-- The downturn puts Ethereum at risk of its upcoming merge to Proof-of-Stake becoming a "sell the news" event.

-- Several industry figures have outlined the potential for increased ETH selling, even in the event that the Merge is successful.
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