What happened to the Ethereum price in the FY22 first quarter?

what happened to the ethereum price in the fy22 first quarter

Sumary of What happened to the Ethereum price in the FY22 first quarter?:

  • With today’s gains, the Ethereum price is up 22% so far since the start of the new financial quarter on 1 October (Q2 FY22).
  • Now, cryptocurrencies don’t abide by the financial reporting standards and quarterly market updates like ASX companies do.
  • Ray Brown, market analyst at Australian crypto and Bitcoin exchange CoinSpot, explained: Where Bitcoin functions primarily as a currency, Ethereum has been designed as an “open source” network that provides a foundation for other applications and smart contracts.

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