Ethereum, the second largest cryptocurrency by market capitalisation has dipped more than 15% since the highly anticipated “Merge” which completed on Sept 15.
Ethereum is currently trading at around US$1,340 apiece, its lowest level since July. Meanwhile, its offshoot token EthPoW, which is intended to preserve Proof-of-Work on a forked version of Ethereum, has also tumbled to the US$4 level from the pre-Merge high of around US$50.
