BTC Dips Below $38K, ETH Beneath $2,500 Anticipating London Hard Fork (Market Watch)

Bitcoin’s gradual decrease continues as the asset lost another portion of its value and is again below $38,000. Ethereum has also dipped beneath a coveted price tag ($2,500) even though anticipation for the London Hard Fork is rising, which is scheduled to take place tomorrow – August 5th.
ETH Below $2.5K Ahead of London Hard Fork
The second-largest cryptocurrency reached a seven-week high at $2,700 over the weekend, but the bears regained control and pushed it south. It dropped below $2,500 and has remained there today as well.
Interestingly, this comes even though the London Hard Fork is looming. The network update, which aims to introduce multiple improvements primarily fighting to reduce the network fees, should occur tomorrow – August 5th. As such, many cryptocurrency exchanges have prepared for this long-anticipated event.
Apart from ETH, most other larger-cap altcoins are somewhat stagnant on a 24-hour scale. Binance, Polkadot, Uniswap, and Bitcoin Cash, have marked minor

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