Ethereum (ETH) Fees Plunge 21% as Volatility Hit Historic Lows

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Ethereum (ETH) Fees Plunge 21% as Volatility Hit Historic Lows
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Ethereum (ETH) fees fall 21% amid stagnating volatility ETH $ETH

However, volatility frequently sees both upward and downward spikes, with periods of low volatility typically lasting little more than one month. According to IntoTheBlock, this pattern suggests that more volatile fluctuations in prices are likely soon.In the last 24 hours, the price of Ethereum, the second largest cryptocurrency, is fairly unchanged. At the time of writing, ETH had fallen 0.44% in the last 24 hours to $1,848.

The Consumer Price Index climbed 3.2% in the year to July, somewhat less than economists predicted. The report had little effect on the leading cryptocurrencies, Bitcoin and Ethereum, which remained unchanged at their present value.

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