It may still be too early to tell, but The Merge has thus far been disappointing from an investment perspective. This technological upgrade from Ethereum (CRYPTO: ETH) was one of the most hyped events of the year, but the price of Ethereum has not responded as planned. The crypto is down nearly 65% for the year and an eye-popping 20% since The Merge took place on Sept. 15.

One major takeaway from The Merge is that the overall macroeconomic environment is going to far outweigh any news from a crypto, no matter how positive. Right now, investors are focused on bigger issues, like inflation, Federal Reserve rate hikes, and the risks of a lingering recession.

With that in mind, here are three crypto investment lessons from The Merge.

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Source Fool.com