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cryptonews
2023-03-17 00:04:00

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

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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