Mid-Month September Report: Will the Successful ETH Merge Cause a Purge or Surge?

Unless you've been shorting markets, crypto prices are nothing to be too thrilled about over the past 30 days. Bitcoin and Ethereum have each retraced -16%, respectively. Major price drops are seen all over the altcoin landscape, including extra notable drops from Hex (-42%), Thorchain (-35%), Fantom (-34%), and Flow (-33%).

We can see that the past year of price fluctuations have not been kind to crypto market caps, and the all-time highs that were seen throughout projects at the end of 2021 feel like a distant memory.

We will explore some key topics that have been in the news as of late, as well as the important metrics we'll be keeping an eye on as we head to Q4 of a tumultuous 2022.

Ethereum Merge Has Come and Gone

The Ethereum merge has come and gone. Now, traders are