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Why Ethereum Has Plunged After The Merge

Traders have been selling the news of Ethereum's merge.

By Travis Hoium – Sep 21, 2022 at 4:30PM EST

The value of Ethereum (ETH 2.85%) 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.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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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.

Stocks Mentioned

Ethereum Stock Quote
Ethereum
CRYPTO: ETH
$2,115.77
(-2.85%)-$62.08
Bitcoin Stock Quote
Bitcoin
CRYPTO: BTC
$69,798.00
(-2.22%)-$1,585.85
Solana Stock Quote
Solana
CRYPTO: SOL
$88.68
(-3.94%)-$3.64

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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