September’s second week was calmer for some markets. Bitcoin saw a small recovery, gaining 2.52% in value. While altcoins like XRP, DOGE, and SOL reached breakeven status in a weekly timeframe, Ethereum continued to lose momentum, erasing 4.05% of its value since last Sunday.
However, several developments shaped cryptocurrency sentiment throughout the week. From new institutional adoption reports to a brand new project entering the market as already one of the top cryptocurrencies in the space, this week was far from uneventful.
Monday
MetaPlanet continued to increase its Bitcoin holdings, adding another 1,009 BTC for approximately $112 million. This purchase drove the Japanese firm to rank sixth among publicly traded Bitcoin treasury companies. With a total of 20,000 BTC under its belt, Metaplanet flipped Riot Platforms and is now close to entering the top 5 Bitcoin treasuries in…
