Ethereum Gas Fees Rise Following Recent Fed Meeting

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, the price of ETH has shown a rebound. Currently, the crypto market may be experiencing a high beta, high volatility upward trend. Existing trends suggest that this momentum is likely to continue into the fourth quarter.