Ethereum Liquidations Top $157M After Merge Upgrade Test Hits Snag

As bears circle crypto and traditional markets, Ethereum has faced the brunt of it.

Ethereum is currently trading hands at $1,770, down roughly 3.4% over the past 24 hours, according to CoinMarketCap. The bearish trend is the latest in what has been a rather red week for the second-largest cryptocurrency by market capitalization. 

Over the past seven days, Ethereum shed more than 16% of its value, tumbling from $2,077 on Monday to as low as $1,731 in the early hours on Friday. It has since…


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