Ethereum
Why Ethereum is down 1.2% in the last hour
Analysis
Ethereum (ETH) slipped about 1.2% over the past hour as traders reacted to update-related headlines, with attention on the next phase of development work. U.Today reported that Ethereum developers signaled the βGlamsterdamβ devnet could launch next week as the protocol upgrade progresses, which can prompt short-term positioning and volatility around technical milestones.
Contributing Factors (1)
Ethereum Devs Signal Glamsterdam Devnet Launch Next Week as Upgrade Progresses
Ethereum developers target the first generalized Glamsterdam devnet next week.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.