Sharp Decline May Cast Doubt on Summer Rally

Crypto markets are rallying ahead of the weekend as investors digest a better-than-expected jobs report from the world’s largest economy. Ether is up 5.4% to $1,737 and total crypto market cap stands at $1.15T. Ether continues to outperform Bitcoin as investors pile in ahead of the long-awaited Merge, Ethereum’s transition to an eco-friendly proof-of-stake consensus…

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