In brief
- Bitcoin reclaimed $109,000 Monday morning, after dipping to $107,500 over the weekend.
- Ethereum has sagged 1.5% on the day to $4,406 amid a broader 4.3% weekly drop.
- Despite this, Ethereum dominated institutional crypto inflows, accounting for 57% of the $2.48 billion that the market attracted, according to CoinShares.
Bitcoin regained $109,000 Monday morning following a weekend dip to $107,500, according to CoinGecko data.
Bitcoin’s price action came after a CoinShares report noted that Ethereum inflows “dominate” institutional crypto inflows, which topped $4.37 billion in August.
Ethereum has dropped 1.5% on the day to $4,406, amid a broader 4.3% weekly downturn for the cryptocurrency. Despite this, according t
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Author: Ryan Gladwin
