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Ethereum’s Annualized Deflation Rate Briefly Surpasses 5% - Here’s How That Can Impact The ETH Price

The rate at which the Ether (ETH) supply is deflating, which has been accelerating in recent weeks, recently saw a spike higher. Ether is the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain. ETH...

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Ethereum’s Annualized Deflation Rate Briefly Surpasses 5% - Here’s How That Can Impact The ETH Price
The rate at which the Ether (ETH) supply is deflating, which has been accelerating in recent weeks, recently saw a spike higher. Ether is the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain. ETH is the world’s second most valuable cryptocurrency by market capitalization and Ethereum is the dominant blockchain in Decentralized Finance....
Read More: Ethereum’s Annualized Deflation Rate Briefly Surpasses 5% - Here’s How That Can Impact The ETH Price

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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