I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.
That is normal thing, the market are not static so sometimes it comes up and goes down, applying economic principles.. which will take us to demand and supply; wen the quantity supplied is more than the demand this means that the market will be down for no reason as well as quantity supplied is less than the demand the market will increase..
In summary: the quantity supplied now low because the people that exchange their ether to any other altcoin are now rushing back that is why the market capitalization is now green moveover there are some companies in foreign countries that pays directly as ether to their workers this making it regains it markets value.