The source says Bitcoin and Ethereum were battling U.S. dollar weakness while exchange-traded fund outflows increased, alongside claims that Harvard University and Mark Cuban reduced holdings.
Bitcoin and Ethereum were described as under pressure on Bitcoin Pizza Day, with the source linking market conditions to U.S. dollar weakness and growing ETF outflows. The post also claims that Harvard University and Mark Cuban dumped holdings. ETF outflows generally indicate capital leaving crypto investment funds, which can weigh on sentiment and prices, although the source provides no figures, dates beyond the Bitcoin Pizza Day reference, or details on the reported sales.