Both Bitcoin and Ether prices are declining despite Merge’s success.
Friday, September 16, saw price declines for both Bitcoin and Ether, although the correlation between the two crypto assets moderated slightly.
BTC is currently trading at $19,861.58, down nearly 8% over the last seven days, while ETH is trading at $1433.01, down 2.80% over the past 24 hours and 17.36% over the last seven days.
Major altcoins also continue to trade in the red, with XRP, Cardano, and Solana, witnessing declines of 1.90%, 7.68%, and 6.59% recently. Although Dogecoin is up by 1.20%, it is still down by more than 6% in the last seven days.