According to BlockBeats news, on September 25, Matrixport released today’s research report stating that Ethereum’s gas fees increased after the recent Federal Reserve Interest Rate Meeting (FOMC), indicating a significant increase in network activity.
This could mean that the cryptocurrency market is undergoing important changes. Despite the negative news, ETH prices still rebounded.
Currently, the crypto market may be experiencing a high-beta, high-volatility rally. Current trends show that this momentum is expected to continue into the fourth quarter.
