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Citi Says Ether May Be Moving Toward a Deflationary Future

The cryptocurrency's volatility dropped to historic lows following the success of the Merge upgrade, the bank said.

Updated Apr 9, 2024, 11:19 p.m. Published Nov 2, 2022, 9:05 a.m.
Ethereum's switch to proof-of-stake could spark an era of deflation. (Getty Images)
Ethereum's switch to proof-of-stake could spark an era of deflation. (Getty Images)