The value of Ethereum (ETH -6.59%) has plunged nearly 20% since The Merge, which was dubbed a huge upgrade to the blockchain. Why are investors selling rather than celebrating? This video covers three possible reasons Ethereum is down big over the past week.
*Stock and crypto prices used were end-of-day prices of Sept. 20, 2022. The video was published on Sept. 20, 2022.
Travis Hoium has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/riiv, I’ll earn some extra money that supports my channel. My opinions remain my own and are unaffected by The Motley Fool.
This article originally appeared on https://www.fool.com/investing/2022/09/21/why-ethereum-has-plunged-after-the-merge/