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With the approval of the Bitcoin spot ETF, the speculative frenzy around Bitcoin in the market has come to an end. The price of BTC has also dropped from around $49,000 to $41,000. Community discussions and investment focus are gradually shifting towards the Ethereum ecosystem and its concepts.
Previously, there was a significant surge in the BTC ecosystem, while Ethereum, often referred to as the "king of a myriad of chains," saw relatively modest gains. This was particularly noticeable in the L2 (Layer 2) sector, where the increase in token values was generally lower than expected. However, the price of Ethereum has recently surged, breaking through $2,700, reaching a new high since June 2022. This has led to notable increases in related concept sectors such as L2, LSD, ReStaking, modularization, and others. |
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Post time 1-2-2024 08:18:22