If you have $10,000 now, would you put it on Bitcoin, Ethereum or Shiba Inu (SHIB)?
Every week, Benzinga conducts a survey to gather sentiment about what traders are most excited, interested in or think about as they manage and build their personal portfolios.
This week we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:
If you had $10,000 to invest, would you invest it? Bitcoin BTC/USD, Ethereum ETH/USD either Shiba Inu shib/usd immediately?
- Bitcoin: 34.8%
- Ethereum: 41.3%
- Shiba Inu: 23.9%
See also: Why Bitcoin could explode higher if this trend is confirmed
At the time of publication, Bitcoin was trading at around $23,800, while Ethereum was trading at $1,700. At the same time, the Ethereum-based cryptocurrency token Shiba Inu was trading around $0.000001202 at press time.
When Tesla Inc. TSLA Announcing second-quarter earnings after the market closed on Wednesday, the electric automaker revealed that it has sold 75% of its bitcoin positions.
The company earned $963 million from the sale of its bitcoin in 2021, citing a $101 million impairment loss on its bitcoin position… read more
The survey was conducted by Benzinga in July 2022 and included responses from a diverse population of adults aged 18 years or older.
Participation in the survey was entirely voluntary, with no incentives offered to potential respondents. The study reflects the results of more than 1,000 adults.