Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
This week we posed the following question to over 1,000 Benzinga visitors on cryptocurrency investing:
If you had $10,000 to invest, would you put it on Bitcoin BTC/USD, Ethereum ETH/USD or Shiba Inu SHIB/USD right now?
- Bitcoin: 34.8%
- Ethereum: 41.3%
- Shiba Inu: 23.9%
See Also: Here’s Why Bitcoin Could Blast Higher If This Trend Confirms
Bitcoin was trading at around $23,800, while Ethereum was trading at $1,700 at the time of publication. Meanwhile, Ethereum-based cryptocurrency token Shiba Inu was trading around $0.000001202 at press time.
When Tesla Inc TSLA announced second-quarter earnings after the market close Wednesday, the electric automaker revealed it has sold off 75% of its Bitcoin position.
The company netted $963 million from the sale of its Bitcoin after citing an impairment loss of $101 million on its Bitcoin position in 2021… Read More
This survey was conducted by Benzinga in July 2022 and included the responses of a diverse population of adults 18 or older.
Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.