Ethereum's April Outlook: Price, Upgrades, and Dormant Investors.
TL;DR Summary
The price of Ethereum's Ether token has been making lower highs against Bitcoin in April, with the ETH/BTC pair down about 5.5% from its local high of 0.0709 BTC. However, institutional investors accumulated Ether and sold off Bitcoin last week, suggesting confidence in Ethereum after the Shapella hard fork. Ethereum funds attracted $17 million to their coffers in the week ending April 21 versus Bitcoin's $53.1 million outflow, according to CoinShares' latest report.
Topics:business#bitcoin#cryptocurrency#ethereum#institutional-investors#price-analysis#shapella-hard-fork
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