Demand for Bitcoin has been decreasing since April, driven by reduced ETF purchases.
Benjamin Cowen does not expect Bitcoin’s dominance to climb back to 70%.
U.S. spot Ethereum exchange-traded funds were hit with $39.21 million in outflows on Thursday.
Eric Balchunas predicts that BlackRock could become the largest Bitcoin holder by late next year.
US spot Ether ETFs had a positive net inflow of $104.8 million for the week starting Aug. 5.
Donald Trump Jr. announced during an Aug. 8 Q&A session that he is launching a crypto platform.
84% of survey participants believe private investment in crypto will rise over the next 12 months.
The BTC price fell below $50K and hit a low of $49,351 before recovering.
Grayscale's cumulative outflows from the fund has topped $2 billion.
While BTC’s price could rise in September, some analysts believe the crypto may only hit $100K in 2025.
Trump pledged to create a "strategic national Bitcoin reserve" if he gets elected.
According to BlackRock’s head of digital assets, there is not much interest among its clients in cryptos beyond Bitcoin and Ethereum.
