Archive: shanghai upgrade
Ethereum’s Price Action Is Tied to the Shanghai Upgrade
By Vin Narayanan on April 7, 2023
Crypto Market Musings Bitcoin is having a year. In the midst of a banking crisis and regulatory upheaval, bitcoin quietly posted a 72% gain in the first quarter of this year. That’s bitcoin’s most popular quarter since the first quarter of 2021, when bitcoin’s price went up 102%. Bitcoin was also the top performing asset in the first quarter of 2023, easily beating the S&P 500’s 7% gain and the Nasdaq 100’s almost 21% jump. As…