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Ethereum’s Crashing Transaction Fees Are a Symptom of a Lack of Demand as Users Await the “Merge” Event | #eth #ethereum

Ethereum’s Crashing Transaction Fees Are a Symptom of a Lack of Demand as Users Await the “Merge” Event

Ethereum’s Crashing Transaction Fees Are a Symptom of a Lack of Demand as Users Await the “Merge” Event

Relative to its year-to-date low of $880, Ethereum is now up around 100 percent, spurred by a broad-based recovery in the risky asset universe as well as the investor euphoria around the upcoming merge event.