Matrixport Research Note: Ether Gas Fees Rise, Significant Increase in Market Activity
On September 25th, Matrixport published a research note stating that Ether's Gas fees have risen following the recent Federal Reserve interest rate meeting, indicating a significant increase in network activity.
This could mean that the cryptocurrency market is undergoing important changes. Despite the negative news, ETH prices have rebounded.
Currently, the crypto market may be experiencing a high beta, high volatility rally. Existing trends suggest that this momentum is expected to continue into the fourth quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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