Whatever happens, these two cryptocurrencies are engraved in time marble. Bitcoin has already appealed to the general public, of the student who stacks some Satoshis to the sovereign fund who makes it an alternative reserve. Ethereum, he finds himself at the safe of institutional giants. One plays the role of symbol, the other attracts the money from the powerful. The recent figures of Coinshares leave no doubt: the duel between BTC and ETH has never been so decided.
In short
- Bitcoin has found $ 109,000, despite a weekly decline of 2 % on the market.
- Ethereum garnered 3.95 billion institutional admissions in August, against -301 million for BTC.
- The United States dominated flows with 2.29 billion, followed by Switzerland and Germany.
- Bitcoin dominance remains 58 %, but could switch between 53 %and 63 %.
ETH attracts capital, BTC keeps the throne
Ethereum has established itself as the star of institutional funds. Just last week, $ 1.42 billion entered Ether -related products, compared to 748 million for Bitcoin. And in August, the difference is abyssal: 3.95 billion entries for ETH against 301 million outings for BTC.
James Butterfill, research manager at Coinshares, thesummarized : ” Ethereum continues to dominate Bitcoin… The flows remained solid all week before switching Friday after the publication of the Core PCE. These data did not confirm the hope of a drop in Fed rates in September, which disappointed investors in digital assets »»
However, Ether did not perform better on the market: -4.3 % over the week, against -2 % for Bitcoin. Institutional investors bet on ETH despite its volatility, proof that the battle between adoption and valuation is far from being decided.
Bitcoin, Ethereum and the precarious balance of dominance
The question of supremacy remains burning. The dominance of Bitcoin stagnates around 58 %. Myriad Markets traders admit it: it's almost a battery or face. The dominance of the BTC could climb to 63 % or drop to 53 %everything will depend on the dynamics of the next few days.
Meanwhile, other altcoins like Solana ($ 177 million in entries) and XRP ($ 134 million) benefit from optimism around American Crypto. This context recalls that the visible part of institutional flows hides a complex game where each macro ad or product launch can move billions.
Some quantified benchmarks
- $ 4.37 billion in institutional flows in August;
- $ 2.29 billion from the United States in a week;
- $ 109,494 for Bitcoin and $ 4,420 for Ethereum at the time of writing;
- $ 500 million in liquidations last Friday after a general correction.
BTC remains the refuge value, ETH becomes the locomotive of investment products. The market oscillates between prudence and conviction.
The corrections are an integral part of the history of Bitcoin. As Anthony Scaramucci reminds us, they can be violent: the drop can reach 40 % before the price of Bitcoin went to seek $ 500,000. A warning that illustrates the reality of the market well: between dazzling ascent and brutal tremors, the road remains long.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
