Global #Ethereum

Bitcoin (BTC) is making headlines as it dominates the charts with a staggering $75 million in liquidations following a 2.9% price increase. Currently trading around the $62,000 mark, Bitcoin’s recent price action has led to significant market movements.

In a significant development for the cryptocurrency market, a total of 547,600 Ethereum (ETH), valued at over $1.26 billion, has been transferred to cryptocurrency exchanges over the past three weeks, as noted by a prominent analyst on social media.

Crypto miners have increasingly emerged as pivotal players in the cryptocurrency landscape, wielding significant influence over market trends.

On September 16, Bitcoin dominance surged to 58%, marking its highest level since April 2021. This milestone comes after a prolonged period of gradual increase in Bitcoin's market share, highlighting a significant shift in the cryptocurrency landscape.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been facing challenges in regaining its momentum. Despite a brief surge earlier in the week, ETH's price has remained relatively stagnant, reflecting the broader market uncertainty.

In a significant development for the Shiba Inu ecosystem, the Puppynet testnet is poised for a major upgrade that promises to elevate the performance of Shibarium, its Layer-2 scaling solution.