While the whole crypto community is ecstatic as the Ethereum Merge went live, it doesn’t seem to have impacted Ether price as much as the community expected.
Even though Ethereum’s massive merge upgraded successfully, the price of Eth still continues to drop. According to Coinmarketcap, the coin is trading at a price of $1,471.72 at the time of writing.
Ethereum’s weekly performance is down about 20% as a consequence of the current price level. According to experts, Ethereum will prosper from the Merge upgrade, and in the months to come, price levels will become more clear.