Data shows institutional demand for Ethereum surged despite the recent crash |

The data shows an increase in institutional demand for Ethereum, despite the recent crash.

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Edge ‘ Ethereum ‘ Edge

Ali Martinez – 22. 20 April 2021 at 5:00 GMT – 2 min read

Ethereum (ETH) has had one of its worst breaks since the beginning of the year.

The second largest cryptocurrency by market capitalization dropped 18% in a few hours, losing more than 400 points.  The price has fallen in two weeks from a high of $2,319 to a low of $1,900.  The incident appears to be related to a coal and gas leak in Xinjiang, China, which caused a power outage.

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