Ethereum Falls Below $3,100 as Dencun Upgrade Faces Strategic Delay
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Ethereum Falls Below $3,100 as Dencun Upgrade Faces Strategic Delay
Ethereum (ETH), the second-largest cryptocurrency globally in terms of market capitalization, fell below the key $3,100 level early on Friday after a statement from the Ethereum Foundation announced a postponement of the eagerly awaited “Dencun” network upgrade. The news caused a spate of nervous sentiment throughout the crypto community, with traders and developers alike considering the ramifications of the delay. What Is the Dencun Upgrade?The…
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