Ethereum, Dogecoin & Bitcoin — Asian Wrap 09 December

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Ethereum is seemingly in a development streak ever since the network first experienced its biggest upgrade this year. The Merge, initiated the transition of the network from Proof of Work (PoW) to Proof of Stake (PoS), is set to be pushed further with “Shanghai”.

 

Dogecoin price has been outperforming the Shiba Inu price, but circumstances are subject to change. If market conditions persist, SHIB could gain market control and rally while DOGE heads for lower targets. Dogecoin price pulled off an astonishing uptrend rally during the fall.

 

Bitcoin price is enduring congestive market conditions during the second trading week of December. Traders may want to remain sidelined until a definitive move is made from the consolidation to avoid unnecessary losses from being on the wrong side of the trade. 



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