Crypto markets were quiet in Tuesday's European hours of trade
Bitcoin and Ethereum dipping marginally to offset overall gains this week.
Monday's highly anticipated Spaces interview between ex-U.S. President Donald Trump and Tesla CEO Elon Musk on Twitter, which notably didn't contain any allusions to cryptocurrencies.
Bitcoin changed hands at $59,398.28 following its sleepy start during European hours.
The Bitcoin price is up 2.5 percent over the past 24 hours and has gained 8.4 percent since this time last week, according to data from CoinGecko.
The Ethereum price followed a similar pattern, trading at $2,650. It's increased 2.4% for the day and 9.4% since this time last week.
The Trump-Musk interview, which drew in over a million listeners, touched on themes from immigration to border security
international relations but made no mention of digital assets or blockchain technology—a deep disappointment for the crypto community.
The highly public interview did not include any crypto-specific dialogue despite institutional interest in the sector continuing to show signs of growth.
Massive inflows have been witnessed in Bitcoin ETFs, with a net inflow of $28 million per day as of August 12, for a cumulative total net inflow of $17.37 billion,
While Bitcoin ETFs held variable performances, Blackrock's iShares Bitcoin Trust led the pack with $20.6 billion assets with an inflow of $13.5 million per day
Speaking to Decrypt, Scott Tripp, Core Member of COPX.AI explained that Ethereum
the $3,000 mark with technical indicators suggesting a neutral to the slightly bullish trend.
The recent Dencun upgrade has shown significant cost reductions in transactions, and this might make Ethereum much more relevant for decentralized applications and layer-2 solutions,"