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Jules98 said:

I am amused at how everyone has collectively forgotten that Breath of the Wild was also at that premium price point. Smash Ultimate costs that much as well.

No it wasn't. Breath of the Wild launched at $60 on the eshop. You can see that in this article. https://www.polygon.com/2017/3/2/14789532/nintendo-switch-eshop-live-launch-lineup

Nintendo hasn't charged $70 for games before.

Now I'm not completely against a rise in prices for the games industry as there's no way it would be staying at $60 forever. Inflation etc. They can't just keep raising wages and paying more for everything else while keeping their end product the same price, other industries don't.

However it stings the most with Nintendo as they maintain their high prices, you're not going to be able to just wait a few months and get it cheaper. The next Pokémon being $70 will be amusing, if it is anything like S/V in terms of lack of polish.