CryptoDaily Briefs

Daily Brief Crypto: Post-Merge Market Mayhem and more

In today’s briefing:

  • Post-Merge Market Mayhem

Post-Merge Market Mayhem

By Kaiko

  • Price Movements: ETH is down 25% on the week despite the successful completion of the Merge.
  • Market Liquidity: The U.S. dollar remains the dominant fiat currency in crypto, possessing 70% of total fiat trade volume.
  • Derivatives: ETH funding rates have returned to neutral after dipping to all time lows of less than -0.4%. 

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