Despite the current panorama, expectations for the adoption of cryptocurrencies by corporate treasures are sustained.
Cryptocurrencies operate with a disparate tendency at the start of this Thursday, September 4. He Bitcoin (BTC) loses 1.5% in the last 24 hours and quotes around US $110,600 According to Binance, while Ethereum (eth) falls 2.1% and sells to U $ S4.354.
Among the Altcoinsthe trend is also negative: Cardano’s corrections (-3.1%), particularly highlight, Solarium (-2.5%), XRP (-1.5%) and BNB (-1.5%). In this way, the crypts return to the negative dynamics they came had last week.
In this sense, Eth Follow 4.8% below the comparison against the last seven days. For its part, Bitcoin follows 1.8% in the weekly comparison and 11% under your recordwhich he reached in mid -August.
Institutional appetite by Ethereum
Despite the current scenario, expectations for the adoption of ETH by corporate treasury, which allocate part of their balance sheets to cryptocurrency. The most recent case is from Ethereum: It is estimated that 4.71 million ETH are under business controlentities and institutions, according to Strategic Eth Reserve data.
Investment data through investment funds show a similar trend. According to a Coinshares report, last week the cryptocurrency investment products recorded tickets for 2,480 million dollars, of which 1.4 billion corresponded to ETH compared to 748 million in BTC.
Source: Ambito
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