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.
The main reason for the fall in market rates was the panic of investors worried about the future of cryptos that led to panic selling. Many investors will do so will lead to the exchange rate of the market drops rapidly. Also, the market for cryptocurrency is seriously affected by the stock market, so the current exchange rate reduction is straightforward to understand and only temporary.