Matrixport: Ethereum gas fee increase reflects surge in network activity

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ODAILY
09-25
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Odaily Odaily News Matrixport released a chart saying that after the recent Federal Reserve interest rate meeting (FOMC), Ethereum's gas fee has increased, indicating a significant increase in network activity. This may mean that the cryptocurrency market is undergoing important changes. Although affected by negative news, ETH prices have rebounded. At present, the crypto market may be experiencing a round of high-beta, high-volatility rally. Existing trends show that this momentum is expected to continue until the fourth quarter.

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