Ethereum’s price could drop as the launch of ETH 2.0 is delayed

The possible delay in the launch of ETH 2.0 could be turbulent for Ethereum investors as the coin could lose its value. One major reason behind the possible delay of ETH 2.0 is the fact that the platform has several moving parts, which makes it an extremely difficult task to synchronize all the parts within the scheduled July launch.

Fears of an ETH 2.0 launch delay was also confirmed in another question and answer session featuring a researcher at Ethereum Foundation Justin Drake. The price of ETH could see a nosedive as a result of the delay in the launch of ETH 2.0.

Timeline of Ethereum