Bitcoin Drops After August Highs, Ethereum ETF Flows Indicate Ongoing Capital Rotation
Bitcoin is consolidating near $107,450, while Ethereum trades at $4,378 amid strong DeFi and staking interest. Institutional flows skew toward ETH, even as a whale swap boosts capital rotation. Altcoins like Solana, Dogecoin, XRP, and BNB remain choppy as sentiment splits. ETF momentum reversed, with Ethereum seeing $164 million in outflows and Bitcoin losing $126 million. Market watchers now eye whether BTC can break above $110,000 or whether ETH makes fresh gains.
