Ethereum's price began to fall and reached $1,741
Ethereum's price began to fall and reached $1,741
Over the last 24 hours, the price of ether has gradually decreased. The cryptocurrency's growth has been stifled by a network upgrade scheduled for April 12.
The daily change in ETH/USD was 1.11%, and the value of quotes reached $1,741.09.
Ethereum did not have time to replicate bitcoin's growth because a hard fork is scheduled for April 12 in Shanghai. This will allow the Ethereum at stake to be withdrawn, and analysts are divided as to whether this will result in new token sales by investors looking to lock in profits. Staking currently locks 18.7 million ETH worth $31.1 billion.
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