Pectra Upgrade and FOMC Decision: All About Ethereum’s Big Day Ahead

Ethereum (ETH) faces a critical inflection point with two powerful catalysts converging on Wednesday, May 7. Traders are split on whether the “perfect storm” could spark a breakout or deepen recent price volatility amid mixed macro signals and waning confidence in Ethereum’s narrative. Ethereum Faces Volatile Crossroads: Pectra Upgrade and FOMC Converge The long-awaited Ethereum Pectra upgrade is only hours out. It is expected to introduce key enhancements such as EIP-7702 and a 2,048 ETH staking cap, improving Ethereum’s usability and efficiency source: https://beincrypto.com/ethereum-pectra-upgrade-fomc-may-7/