Ethereum Price Flat on Merge Day, Bitcoin Struggles Around $20K (Market Watch)

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Ethereum Classic jumped more than ETH in the past few hours after the Merge was finally completed.

The long-anticipated Ethereum Merge finally arrived but didn’t bring any of the expected volatility, at least for now, as ETH remains calm at around $1,600.

by some, this massive transition is yet to impact the native cryptocurrency’s price. ETH had dropped below $1,600 yesterday, spiked to under $1,650 hours ago, and now stands calm at $1,600 once again. Interestingly, Ethereum Classic has been impacted more by the Merge as the asset briefly touched $40 minutes ago.

 

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Bitcoin Crashes Towards $20K on Inflation (CPI) Numbers: Market WatchSeveral alternative coins have charted double-digit losses, while bitcoin briefly slipped below $22,000.
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