Because it’s the opposite of how supply and demand work? Supply hasn’t changed but demand is going to taper down in the long run because a large market was just taken offline. Same supply with less demand means lower prices.
Only_Shift5078
joined 11 months ago
Actually in general, it will lead to lower prices. But yes, in a narrow set of circumstances it could lead to higher prices, although I find it highly unlikely to be the case here.