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$BTC, $ETH , and other major cryptocurrencies have seen significant price fluctuations in recent months. $BTC has traded between $25,000 and $35,000, while $ETH has ranged from $1,500 to $2,500. Altcoins like $ADA#ADA , $DOGE, and $SOL have also been volatile. The crypto market is being impacted by macroeconomic factors like high inflation, rising interest rates, and fears of a recession. Regulatory uncertainty in the U.S. and other countries is also weighing on investor sentiment. Despite the turbulence, many experts remain bullish on the long-term prospects for $BTC, $ETH, and the broader crypto ecosystem. Institutional adoption continues to grow, with more major companies and investors getting involved. Decentralized finance ($DeFi) protocols built on $ETHand other blockchains are also expanding rapidly. $DeFi apps now have over $100 billion in total value locked (TVL). The $NFT market has cooled from its 2021 highs but is still active, with $1-2 billion in monthly trading volume. $ETHremains the dominant blockchain for $NFTs. Looking ahead, the highly anticipated $ETH"Merge" upgrade is expected in September 2022. This will transition $ETHto a proof-of-stake consensus model, reducing its energy consumption by over 99%. So in summary, while the crypto space is going through a period of volatility and uncertainty, the long-term fundamentals remain strong. Exciting developments are on the horizon for $BTC, $ETH, and the entire crypto ecosystem
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