Ethereum has been on a downward trend after the merge. I'm wondering why this is happening. Is it because of the merge itself, or are there other factors influencing the price drop?
5 answers
HanbokGlamourQueenEleganceBloom
Mon Jan 06 2025
The price of Ether has experienced a downturn this year.
HanRiverWave
Mon Jan 06 2025
The catalyst for this decline can be traced back to the Federal Reserve's announcement.
JejuSunrise
Sun Jan 05 2025
The Federal Reserve revealed its plans to implement a series of significant interest rate hikes.
Federico
Sun Jan 05 2025
The main objective of these hikes is to combat the rising inflation in the economy.
ethan_carter_engineer
Sun Jan 05 2025
Higher interest rates tend to deter investors from putting their money into risky assets.