Ethereum

<ul><li>Ethereum&#39;s CPI suggests a declining US institutional interest.</li><li>Negative year-to-date outflows mark ETH&#39;s financial journey.</li><li>Ethereum struggles to maintain investor confidence post the $2000 mark.</li></ul>In recent developments surrounding Ethereum, its Coinbase Premium Index (CPI) has <a href="https://cryptoquant.com/insights/quicktake/64d7702982e8484d416dce30-The-Current-Price-Region-Is-Not-Interesting-for-US-Investors-to-Accumulate" rel="noopener noreferrer nofollow">exhibited </a>an unexpected downturn. This metric, integral in assessing the variance in asset price on Coinbase versus Binance, has flashed red flags concerning Ethereum’s standing among US institutional investors.When considering the workings of the CPI, a positive number hints at robust purchasing intent among institutional aficionados on Coinbase. Conversely, a negative figure, as seen recently, indicates a potential dip in the accumulation of said asset. Recent evaluations of Ethereum&#39;s CPI, taken on a 30-day rolling average basis, have revealed a discernible downward trajectory. This is noteworthy as it insinuates a probable shift in the mood and sentiment among the investor community within the United States.At the core of this sentiment, change is that a significant chunk of US investors constitutes affluent individuals or influential institutional bodies. Their investment decisions, thus, have a pronounced impact on the price dynamics of assets like Ethereum. The recent dip in Ethereum’s CPI to -0.0027, a figure unseen over the past month, further underscores the altering sentiment.Read full article at <a href="https://cryptotale.org/us-institutional-investors-pivot-from-ethereum-as-cpi-dips-below-zero/" rel="noopener noreferrer nofollow">CryptoTale.</a>

US Institutional Investors Pivot from Ethereum as CPI Dips Below Zero

CryptoTale

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