Why is Ethereum (ETH) price down today?

Why is Ethereum (ETH) price down today?

Market Analysis
December 17, 2022 by secret
147
[ad_1] Ether (ETH) price is down on Dec. 16 and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve chair Jerome Powell issued hawkish statements following a 0.50% hike in interest rates. The Ether sell-off follows a market-wide decline that has sent Ethereum network fees plummeting by 39.90% in the past 30-days. Daily Ethereum