According to BlockBeats, on September 25, Matrixport released a report indicating that Ethereum's gas fees have increased following the recent Federal Open Market Committee (FOMC) meeting. This suggests a significant rise in network activity.
This development could signal important changes in the cryptocurrency market. Despite being affected by negative news, ETH's price has rebounded.
Currently, the crypto market may be experiencing a high beta, high volatility upward trend. Existing trends suggest that this momentum will continue into the fourth quarter.
