Institutional inflows grow in ethereum — Ethereum Foundation commentary tempers sentiment
From tradersunion.com
Ethereum is currently trading at $2,346.08, down $26.03 or 1.10% from the previous close. Since the market open, ETH has declined by $26.03, representing a 1.10% intraday drop. Prices have moved to the lower third of today's range, with moderate daily volatility and continued selling pressure. The decline is primarily attributed to recent cautious remarks from the Ethereum Foundation regarding decentralized stablecoins, coupled with background news of slower network activity and reduced daily users. The Ethereum Foundation highlighted Liquity Protocol's role as a governance-minimized, immutable, and permissionless ...
(full story)