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Bitwise CIO: ETH may lead the crypto market rebound, and the December Fusaka upgrade is an important catalyst.
ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan posted an analysis on the X platform, pointing out that in the current chaotic market pullback, many pieces of information have been overlooked, such as the upcoming Fusaka upgrade of Ethereum (expected in December), which will significantly enhance the token value capture capability. This upgrade will also introduce the lowest fees for recording data on Layer 2. The market will soon begin to focus on the positive impacts brought by Fusaka; it can be said that Fusaka is an underestimated catalyst and one of the reasons why Ethereum may lead the crypto assets market rebound.