Key Takeaways
- Ethereum has retraced by more than 18% over the past two weeks.
- The losses extended after the Ethereum Foundation’s Tim Beiko hinted that “the Merge” could be months away.
- Ethereum must hold above $3,000 to avoid a brutal correction.
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Ethereum followers suffered a setback this week after the Ethereum Foundation’s Tim Beiko hinted that the Proof-of-Stake transition wouldn’t occur in June 2022. The update came as Ethereum has been trying to find…
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