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Ethereum Merge Brings 'Sell-the-Fact' Price Move in Crypto Markets

The price stability that prevailed after Ethereum's shift to a more energy-efficient proof-of-stake network suddenly evaporated as ether slid 9.1%, its worst day since late August.

By Jocelyn Yang, Omkar Godbole

Updated Apr 10, 2024, 1:55 a.m. Published Sep 15, 2022, 4:30 p.m.

The Ethereum Merge watch parties are over. Now the hangover seems to be hitting crypto markets. (Creative Commons)