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Ethereum Could Drop To $1,000, While Bitgert (BRISE) Gears For A Bull Run

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Ethereum Could Drop To $1,000, While Bitgert (BRISE) Gears For A Bull Run

Key Points:

  • Ethereum is still struggling with the massive price drop
  • Bitgert shows all signs of a bull run
  • Bitgert developments to push the price up

The bear market is hitting Ethereum really hard, and this is evident from the price performance. Ethereum coin dropped from $1800 to a low of $1,103 in less than 3 days. This is a huge drop and shows the intensity of the bear condition the crypto market is experiencing right now.

The major factor driving the plummeting Ethereum price is the Fed regulations regarding the soaring inflation. Just like last month, the Federal Reserve is expected to hike the rates because inflation has increased. This is what has caused the massive withdrawal in the stock and crypto market.

Ethereum has been one of the large cryptocurrencies largely affected by the massive selling pressure. The cascading effect of the selling Ethereum holders is what’s creating the huge price decline in the Ethereum coin. Ethereum reaching $1,103 in June 2022 was not a figure crypto analysts would have predicted, especially with the Ethereum updates.

Note that the ‘Ethereum merge’ is coming up this August and the Ethereum Beacon Chain is already on the Ethereum Ropsten testnet. Predictions have always been that Ethereum would remain healthy for the next two months. With bears still in control of the market, we are likely to see Ethereum hit $1,000.

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On the other hand, Bitgert (BRISE) is expected to be one of the biggest performances this year. The Bitgert coin has been doing well during the current bearish market. In fact, Bitgert managed to post a 25% increase when the market was crashing. That’s how impressive Bitgert has been over the past few days.

But the Bitgert bullish growth in a bear market is not unusual. Bitgert has been doing so well over the past few months. In fact, Bitgert has been one of the few crypto coins that have remained bullish this year. Bitgert also managed to hit a new ATH this year when most of the cryptocurrencies have been hitting lower lows.

Bitgert is currently gearing up for a bull run, and this is evident from the price performance. The massive developments include the products in the Bitgert roadmap V2 and the Bitgert Startup Studio projects.

Therefore, Bitgert is the next big thing to watch this year. The coin is gearing up for a serious bull run, while Ethereum might drop further.

The post Ethereum Could Drop To $1,000, While Bitgert (BRISE) Gears For A Bull Run appeared first on .

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