Ethereum soars to $1900 ahead of ‘merge’

Ethereum soars to $1900 ahead of ‘merge’

Ethereum’s native cryptocurrency ether hit a high of $1905. Illustration: Reuters/Dado Ruvic/Illustration

Ethereum soared 12% today following a successful test ahead of the upcoming ‘merge’, and after CPI data in the US showed inflation had slowed in July.

Following the healthier inflation data from the US and the successful Ethereum proof of stake test, Ethereum’s native cryptocurrency ether hit a high of $1905.

On Wednesday, the Ethereum network (ETH-USD) ran its last test before the major…


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