BTC Steals the Show, Ethereum 2.0 Departs "Peacefully"

As Ethereum 2.0 hurriedly prepared for the beacon chain launch, market attention was drawn away by BTC. Bullish investors stood at BTC's historic high of $19,913, expecting it to break through $20,000, but it reversed course and dropped to $18,894 at 7:25 PM Beijing time. This was more than half an hour before Ethereum 2.0 launched. At 8 PM on December 1, the Ethereum 2.0 beacon chain genesis block was generated as scheduled. At the same time, global liquidations of 419 million yuan were even more dramatic. Ethereum 2.0, like the name of this phase, departed "peacefully."