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Crypto is making a comeback. Bitcoin prices have stabilized around the $23,000 to $24,000 level after plunging below $20,000 in June. The prices of ethereum and other leading digital currencies have also rallied in the past two months, leading to hopes that this nascent market may have reached its bottom.

Cryptocurrencies:- Ethereum Price Rises Past $1.9K, Surpasses Half of Bitcoin’s Market Cap.

The crypto market has also been lifted by a rally in U.S. stocks on signs that inflation pressures could be easing.

The total crypto market was up 1.3% to US$1.04 trillion while U.S. investors remain shaky as they await guidance on possible interest rate rises from the Federal Reserve.

The Bellatrix upgrade is scheduled to happen today, in which, the Beacon Chain is joined with the Ethereum mainnet, and the consensus algorithm is completely changed from PoW to PoS.

Crypto’s Long-Awaited ‘Merge’ Reaches the Finish Line Ethereum, the most popular cryptocurrency platform, completed its much-anticipated switch to a more energy-efficient infrastructure.