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Ethereum Shanghai Upgrade Explained | Altcoins To Rally? David Duong, Tom Dunleavy, James Butterfill

The Wolf Of All Streets

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Cryptocurrency Market Outlook: What's Next?

The macro environment is actually pretty amenable to what's going on in crypto. And I think that could last through the end of the month. We've been saying that we don't really see a lot of ETH selling pressure, which is distinct from the amount of ETH supply hitting the market. It was somewhere in the order of 100 to 170 million dollars per day going into a market with trading volumes around 8.2 billion dollars a day. But I think that the ETH's Chappella upgrade has been a more idiosyncratic event. and we can kind of get into the macro in a little bit.

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