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ETH Falls By 0.70% As Shanghai Upgrade Gets Delayed

The global crypto market cap stands at 1.02 trillion USD, a decrease of 0.77% over the past day. The total crypto market volume in the last 24 hours decreased by 8.27% and is currently at 27.96 billion USD.

The second largest crypto, Ethereum price today dropped by 0.70% in the last 24 hours. The market cap for Ethereum is 191.34 billion USD. Moreover, trading volume decreases by 3.31% over the previous 24 hours. Each ETH token is trading for 1,563 USD, holding on to the support level of 1500.

The Shanghai upgrade which was all set to be executed by the end of March has been pushed further to April. The launch of the Goerli testnet, which serves as a thorough dress rehearsal for the Shanghai upgrade, is currently scheduled by Ethereum’s developers to take place on or around March 14.

(By Shourya Jha)

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