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Is a stall at $52,000 a sign of a pullback? Is Ethereum the next favorite among institutional investors?[Weekly Review: 2/17-2/23]| CoinDesk JAPAN

This week’s attention!

Ethereum has exceeded $3,000 for the first time since April 2022. Will Ethereum ETF be approved following Bitcoin ETF?

Bitcoin

Bitcoin fell further over the weekend to the $50,000 range. Is this a short-term adjustment phase?

Bitcoin ETF

Bitcoin ETFs continue to perform well.

Ethereum

Investor interest appears to be shifting from Bitcoin to Ethereum.

altcoin

The bullish movement is generally said to move from Bitcoin to Ethereum to other altcoins.

Industry trends

Will real estate security tokens spread to the “Rakuten Economic Zone”?

One More Thing

The company’s Bitcoin holdings are worth about $10 billion (about 1.5 trillion yen), of which $4 billion (about 600 billion yen) is profit.

|Text: Takayuki Masuda
|Top image: Shutterstock

The post Is a stall at $52,000 a sign of a pullback? Is Ethereum the next favorite among institutional investors?[Weekly Review: 2/17-2/23]| CoinDesk JAPAN appeared first on Our Bitcoin News.