Hi everyone. I'd like to get your take on this since I'm not really sure what am I missing here.
Although one would anticipate that the price of ETH should increase given that the supply has decreased by over 5,500 since last Saturday, for some reason, ETH prices haven't exactly seen the coresponding price boost despite lowered supply.
Why hasn't this had a beneficial effect on the price of ETH?
Price of Ethereum is decreasing due Bitcoin price is down. The whole market price is down. But no one the exact problem why the price of altcoins down. So let's see the price of Ethereum go up and further down in future.