Knowledge exhibits institutional demand for Ethereum surged regardless of the current crash

Cardano (ADA) moves ahead of Polkadot (DOT) with $29 billion staked


Knowledge exhibits institutional demand for Ethereum surged regardless of the current crash | CryptoSlate

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Data shows institutional demand for Ethereum surged despite the recent crash

Ethereum (ETH) noticed probably the most extreme flash crashes that it has seen because the starting of the yr.

The second-largest cryptocurrency by market capitalization noticed its market worth plunge by 18% inside a number of hours, shedding over 400 factors.  Its value went from hovering at a excessive of $2,319 to a two-week low of $1,900.  The incident appears correlated with a coal and fuel accident in Xinjiang, China, which precipitated an influence outage.

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