Crypto Update: Altcoins Appear to Be Dominating Today
Franklin Templeton is launching a new crypto index ETF called EZPZ.
EZPZ will track the CF Institutional Digital Asset Index, focusing on Bitcoin and Ethereum.
Coinbase will act as the custodian for the EZPZ ETF.
Bitcoin’s market dominance may not return to previous highs due to an evolving crypto landscape.
Analyst Benjamin Cowen predicts Bitcoin’s dominance might stabilize around 60%.
Donald Trump has a substantial crypto portfolio, including millions in Ethereum.
Bitcoin has a history of bouncing back after significant price drops.
Ethereum also recovers well from market dips, benefiting from a broad blockchain ecosystem.
Bitcoin generally rebounds faster and reaches new highs more reliably than Ethereum.
New spot ETFs for Bitcoin and Ethereum could support their prices and mitigate sell-off impacts.
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