Ether (ETH) drops 15% since Ethereum merge as traders take profits

Ethereum underwent a huge network upgrade called the merge which proponents say will make transactions much more energy efficient. Following the merge, ether prices have dropped following a huge run up ahead of the event.

Jakub Porzycki | Nurphoto | Getty Images

Ether has fallen more than bitcoin since the cryptocurrency’s underlying technology, the Ethereum network, underwent a huge upgrade called the merge.

Ethereum is a blockchain technology that effectively allows developers to build apps…


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