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Ethereum’s Wild Ride Comes to a Sudden Stop (Spoiler Alert: It Was Always Going to Be This Way)

A  illustration of an elevator plummeting downwards with cryptocurrency coins spilling out from its broken windows. In the background, a graph showing a sharp decline in value is visible through shattered glass.

Just when you thought cryptocurrency couldn’t get any more exciting – or boring, depending on your perspective,.

Source: bitcoin.com

Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency’s current performance. In its September 2024 outlook, Coinbase researchers pointed out that the cryptocurrency market is largely driven by supply and demand rather than fundamentals. Ethereum’s underperformance, compared to other leading crypto assets such as bitcoin (BTC) and […]

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