Bitwise CIO: ETH may lead the crypto market rebound, with the December Fusaka upgrade as a key catalyst
ChainCatcher reported that Bitwise Chief Investment Officer Matt Hougan posted an analysis on X, pointing out that many pieces of information have been overlooked amid the current market correction chaos. For example, the upcoming Fusaka upgrade for Ethereum (expected in December) will significantly enhance the token's value capture capabilities. This upgrade will also introduce a minimum fee for Layer 2 data recording. The market will soon begin to focus on the positive impact brought by Fusaka. It can be said that Fusaka is an underestimated catalyst and one of the reasons why Ethereum may lead the crypto market rebound.
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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