ETH Price Spikes By Almost 7% Amidst Ethereum Bellatrix Upgrade

The road to the Ethereum groundbreaking upgrade has been fraught with diverse issues. Since the idea generation stage, the developers have put a lot of effort into the project. The journey is getting shorter since the team has reached the Bellatrix upgrade. Earlier, the Ethereum Foundation had already prepared the community for the upgrade. They shared the date for Bellatrix as September 6 by 11:34;47 am UTC. After this event today, the Merge is expected to launch between September 13 and 15. Related Reading: MANA Seen Rising 11% As Buyers Make A Recovery Attempt Bellatrix is the last upgrade that will come before the Merge. As the event is to take place today, September 6, expectations and optimism have affected the ETH price. The coin has surpassed the $1500 price mark and climbed above it to $1,665. ETH Price Movement So Far September 6 saw the second-largest crypto by market cap soaring above the coveted $1500 price mark. The only event that could have spiked such buying spree is the Bellatrix upgrade. ETH price currently stands at $1,674, showing nearly a 7% increase in 24 hours. On September 4, ETH’s price remained slightly above $1500 until September 5, when it hit an intraday high of $1,621 and closed at $1617. As the hours drew closer to the Bellatrix upgrade, the market sentiment reversed slightly for the crypto. Ethereum trading volume increased impressively in 24 hours. Market data shows the figure spiked by ...