Why Ethereum (ETH) Fell 11.3% This Week

Now, to the untrained eye, this might seem like a mere fluke, a capricious dance of numbers and percentages that will soon resolve itself. But no, it was in fact a two-pronged assault on Ethereum’s rather delicate constitution. The first blow came from a wave of profit-taking at the close of last weekend, a somewhat unfortunate side effect of eager investors cashing in their chips. The second came courtesy of a rather unnerving inflation report on Thursday, which, I dare say, did not inspire much confidence in the market’s temperament.








