The price of the ether cryptocurrencyhas fallen 19% over the past two weeks
It is because of the miners sell their holdings in the wake of a much-hyped " ether merge ".
Markets have been falling around the globe as the Federal Reserve and other central banks are increasing their rated aggressively.
Higher rates for safe debt usually make riskier assets less appealing to investors.
The Ethereum merge ignored the network’s “proof-of-work” model.
Floral Pattern
Floral Pattern
Those miners aggressively stockpiled new ether over the past few months.
Ethereum faces other issues beyond the miner selloff.
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While the software upgrade went out without any problems, it couldn’t be determined whether it introduced any bugs.
Lined Circle
The new version of Ethereum is less decentralized than the previous version.
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