09-07-2022, 02:38 PM
ETH/BTC printed a YTD HIGH, what happened?
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/x7cydq/ethbtc_printed_a_ytd_high_what_happened/"> <img src="https://b.thumbs.redditmedia.com/JPlW8Yb6P9ZGLLgue6DuNtt0B8VsCa8fjIoS6vb7maA.jpg" alt="ETH/BTC printed a YTD HIGH, what happened?" title="ETH/BTC printed a YTD HIGH, what happened?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Ethereum gained 15.6% against BTC since the start of September and is up 6% for the day.</p> <p>The ETH-BTC chart hit 0.084 BTC for the first time since December 2021 after falling to 0.049 BTC earlier this year.</p> <p><a href="https://preview.redd.it/8npwmpxx59m91.png?width=655&format=png&auto=webp&s=f8e9e821510bb2548f53f8ae41b484cc6eb64232">ETH/BTC chart nearing December highs</a></p> <p>The Bellatrix hard fork went live today, and it going off without any setbacks gave ETH a little booty smack that caused a pump (Buying the news, are we?), why? well...</p> <p>You see, the merge is a two-phase event. The first event was this <strong>Bellatrix network upgrade</strong> on the consensus layer, it was triggered by an epoch height.</p> <p>Once the execution layer reaches or exceeds the specific total difficulty threshold, the second and final phase of the merge will be triggered in what's called the <strong>Paris event</strong>. This is forecasted to finally come to be between days 13-15 of this month.</p> <p>So yeah, people are getting ready for the merge finally happenning, something a lot of us folk have been looking after for a few years now despite being met with delay after delay.</p> <p>By now 73% of Ethereum nodes have completed the mandated upgrade and are designated as “merge ready”, what could happen whenver Paris goes live and Ethereum finally achieves a PoS consensus? Drop your guesses in the comments!!! You know how we roll, we love to speculate!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DMugre"> /u/DMugre </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x7cydq/ethbtc_printed_a_ytd_high_what_happened/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x7cydq/ethbtc_printed_a_ytd_high_what_happened/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/x7cydq/ethbtc_printed_a_ytd_high_what_happened/"> <img src="https://b.thumbs.redditmedia.com/JPlW8Yb6P9ZGLLgue6DuNtt0B8VsCa8fjIoS6vb7maA.jpg" alt="ETH/BTC printed a YTD HIGH, what happened?" title="ETH/BTC printed a YTD HIGH, what happened?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Ethereum gained 15.6% against BTC since the start of September and is up 6% for the day.</p> <p>The ETH-BTC chart hit 0.084 BTC for the first time since December 2021 after falling to 0.049 BTC earlier this year.</p> <p><a href="https://preview.redd.it/8npwmpxx59m91.png?width=655&format=png&auto=webp&s=f8e9e821510bb2548f53f8ae41b484cc6eb64232">ETH/BTC chart nearing December highs</a></p> <p>The Bellatrix hard fork went live today, and it going off without any setbacks gave ETH a little booty smack that caused a pump (Buying the news, are we?), why? well...</p> <p>You see, the merge is a two-phase event. The first event was this <strong>Bellatrix network upgrade</strong> on the consensus layer, it was triggered by an epoch height.</p> <p>Once the execution layer reaches or exceeds the specific total difficulty threshold, the second and final phase of the merge will be triggered in what's called the <strong>Paris event</strong>. This is forecasted to finally come to be between days 13-15 of this month.</p> <p>So yeah, people are getting ready for the merge finally happenning, something a lot of us folk have been looking after for a few years now despite being met with delay after delay.</p> <p>By now 73% of Ethereum nodes have completed the mandated upgrade and are designated as “merge ready”, what could happen whenver Paris goes live and Ethereum finally achieves a PoS consensus? Drop your guesses in the comments!!! You know how we roll, we love to speculate!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DMugre"> /u/DMugre </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x7cydq/ethbtc_printed_a_ytd_high_what_happened/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/x7cydq/ethbtc_printed_a_ytd_high_what_happened/">[comments]</a></span> </td></tr></table>