Ethereum Foundation slashes annual budget by 40 percent! What does this mean for $ETH investors?

🚨 The Ethereum Foundation is cutting its annual budget by 40 percent and letting go of around 20 percent of its staff.
📉 Following the announcement, $ETH fell nearly 4 percent to $1,661.90, breaking below the $1,700 threshold.
⚡ The foundation is pivoting to a leaner structure and long term funding strategy amid broader market pressure.

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