Bitcoin’s price is holding firm despite growing chatter about the end of its market dominance. However, analysts are turning their attention not to Bitcoin’s price but to its waning market share as signs that altcoins may finally be ready to take center stage in what could become a full-blown altcoin season. A post on X has highlighted a specific breakdown structure in BTC dominance, which is linked to nine factors indicating that the altcoin season has begun. Technical Factors Showing Fall Of Bitcoin Dominance According to the analyst, Bitcoin dominance reached a peak of exactly 66% on June 27, 2025, a date he calls significant for its esoteric code 434 and its occurrence on a new moon. From a technical perspective, the 66% mark coincided precisely with the 0.786 Fibonacci retracement level, a region many traders consider a reversal zone. More importantly, several warning signals are flashing for Bitcoin traders. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says The analyst’s post on the social media platform X features a few price charts to emphasize how the Bitcoin dominance might be fading, alongside nine factors. From a purely technical lens, the dominance chart looks increasingly exhausted. The first factor is the most recent highest monthly RSI in the history of the Bitcoin dominance chart. This event has created an overbought condition, and the next outlook is a possible crash of the RSI. The MACD, in fact, has already crossed into bearish territory. Furthermore, the histogram has turned negative, and the faster line has moved below the slower one, which is a classic signal of an impending downtrend. Another interesting factor is that Bitcoin dominance has now broken a key diagonal support line that held firm through much of 2024 and 2025, which is another possible structural breakdown. Fundamental Factors Show Strong Rotation Into Altcoin Pairs While the technical picture is deteriorating, the fundamentals are also stacking in favor of altcoins very quickly. The first fundamental factor is the importance of upcoming altcoin spot ETFs, which have the possibility to redirect institutional flows from Bitcoin into Ethereum, XRP, and others. Related Reading: Time To Forget Altcoin Season? Bitcoin Dominance At This Level Is This Only Hope ETFs such as the Spot XRP, Dogecoin, and Solana ETFs could rapidly increase inflows into the rest of the crypto market, similar to how Spot Bitcoin ETFs caused massive inflows into Bitcoin. The analyst also highlighted the likelihood of upcoming U.S. Federal Reserve rate cuts, which would tilt market conditions in favor of altcoins over Bitcoin. Momentum has also begun to shift in some trading pairs, particularly XRP/BTC and ETH/BTC, both of which are showing reversal signs from critical levels. The XRP/BTC chart displays repeated failed attempts to break above 0.0000215 BTC, a horizontal resistance that has now been tested five times on the daily candlestick timeframe chart. At the time of writing, the XRP/BTC pair has returned to this level yet again, and based on this pattern, any clean breakout here could confirm a decisive rotation into XRP. Likewise, Ethereum has begun to recover from long-term oversold conditions when measured against Bitcoin. The rounded bottom pattern forming on the ETH/BTC weekly chart shows a reversal from undervaluation, which in past cycles has caused substantial gains for Ethereum relative to BTC. Featured image from Pixabay, chart from Tradingview.com
Ethereum is advancing its long-term scalability strategy with a substantial technical shift to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into the layer-1 blockchain. On July 10, Sophia Gold, an Ethereum Foundation developer, stated that the foundation aims to ship the L1 zkEVM within a year, marking a critical evolution in Ethereum’s pursuit of efficient, […]
The post Ethereum advances toward censorship-resistant scaling with zkEVM layer-1 shift appeared first on CryptoSlate.
The percentage of total Ethereum supply staked stands at an all-time high of 29.39% as of July 9.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Ethereum price (ETH) has recently gained significant traction in July 2025, riding the bullish wave generated by Bitcoin’s new all-time high. With fresh ETF inflows, technical breakouts, and expert bullish opinions, the top altcoin is now eyeing a major milestone of $4,000. Ethereum Price Action: Breaking Consolidation The Ethereum price has recently surpassed the …
Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market. According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time. This […]
The post Ethereum Foundation denies selling assets amid ETH’s climb past $3,000 appeared first on CryptoSlate.
BTCT shares jumped as much as 20% on Friday after the company said it established a strategic reserve of $1 million worth of ETH.
US-based spot Bitcoin ETFs saw a dramatic uptick in investor activity as the top crypto price reached a new all-time high of over $118,000, at least in dollars. According to SoSoValue data, the 12 funds saw cumulative inflows of $1.2 billion, the second strongest daily performance since launch in 2024, and the best this year. […]
The post Bitcoin ETFs see record $1.2B inflow as market hits all-time high in dollars appeared first on CryptoSlate.
Ethereum showcased explosive bullish momentum with institutional demand accelerating through spot ETFs while shattering critical resistance levels.
SharpLink bought 10,000 ETH from the Ethereum Foundation for $25.7 million, expanding its treasury value to over $558 million.
ETH has surpassed the $3,000 level for the first time in five months as new bitcoin all-time highs breathe fresh life into the crypto market.
Ethereum Foundation has set a 12-month clock for ecosystem zkEVM integreation after reorganising its ecosystem teams to speed mainstream adoption.
The Ethereum Foundation sold 1,210 ETH for approximately $3.5 million in USDC via Uniswap V4, with the transaction averaging $2,889.50 per ETH. This sale follows a recent series of fund movements, during which approximately 21,000 ETH were consolidated into a multisig wallet over the past month. From this wallet, 7,000 ETH was further distributed, including …
Ethereum price started a fresh increase above the $2,800 zone. ETH is now consolidating gains and might aim for a fresh move above $3,000. Ethereum started a fresh increase above the $2,850 level. The price is trading above $2,840 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,885 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,840 zone in the near term. Ethereum Price Rallies Above $2,880 Ethereum price started a fresh increase above the $2,750 zone, like Bitcoin. ETH price gained pace for a move above the $2,800 resistance zone and entered a positive zone. The bulls even pumped the price above $2,880. Finally, it tested the $3,000 zone. A high was formed at $3,000 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,515 swing low to the $3,000 high. Ethereum price is now trading above $2,880 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2,885 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,980 level. The next key resistance is near the $3,000 level. The first major resistance is near the $3,040 level. A clear move above the $3,040 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,200 resistance zone or even $3,220 in the near term. Are Downsides Limited In ETH? If Ethereum fails to clear the $3,000 resistance, it could start a downside correction. Initial support on the downside is near the $2,920 level. The first major support sits near the $2,880 zone and the trend line. A clear move below the $2,880 support might push the price toward the $2,750 support or the 50% Fib retracement level of the upward move from the $2,515 swing low to the $3,000 high. Any more losses might send the price toward the $2,720 support level in the near term. The next key support sits at $2,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,880 Major Resistance Level – $3,000
The second-largest crypto has lagged behind BTC during this cycle, but the narrative has started to turn more positive recently.
Bitcoin has been breaking records on several exchanges, but Ethereum is quietly taking the center stage. It recently crossed above $2,780. Arthur Hayes, the former BitMEX CEO, is betting big on Ethereum, calling for a rise to $10,000. With rising institutional inflows and a trend shift, ETH might be gearing up for a major breakout. …
The company may sell up to $2 billion in stock through Cantor Fitzgerald and ThinkEquity in flexible at-the-market deals, according to a Wednesday filing.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum surged over 5% yesterday, pushing past the key $2,700 level and signaling renewed strength across the altcoin market. After weeks of sideways action and uncertainty, this move marks a small but significant breakout, reigniting bullish sentiment among investors and traders. The breakout comes as Bitcoin continues to consolidate below its all-time highs, allowing ETH and other altcoins to take the lead. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Market participants are closely watching Ethereum’s price action, as its movements often set the tone for the broader altcoin space. Top analyst Ted Pillows shared a technical view highlighting that ETH is once again trading at the top of its recent range. A breakout above this level could confirm the beginning of a larger expansion phase for altcoins. With bullish momentum building and Ethereum holding strong above reclaimed support levels, traders are becoming increasingly confident that the altcoin market may be on the verge of a broader breakout. However, key resistance still lies ahead, and the next few days will be crucial in determining whether Ethereum has the strength to continue higher and lead a new leg up in the crypto cycle. Ethereum Trades at Range Highs: Breakout Looms Ethereum has spent the past several weeks consolidating in a well-defined range between approximately $2,400 and $2,800, a structure that began forming in early May. Despite short-term volatility, ETH has held key support levels, suggesting that bulls remain in control. Now, with price action pushing toward the upper boundary of the range once again, the market is watching closely to see whether Ethereum can break through resistance and initiate a sustained rally. The broader macroeconomic backdrop has shifted in favor of risk assets. In the US, strong labor market data and wage growth have helped ease concerns of an economic slowdown. Meanwhile, the resolution of several global geopolitical tensions has reduced uncertainty, allowing markets to stabilize. This supportive environment could give Ethereum the fuel it needs to attempt a breakout. Ted Pillows recently highlighted that Ethereum is now trading at the range highs again — a level that has repeatedly capped price advances in recent months. According to Pillow, a confirmed breakout above the $2,800 resistance would likely trigger renewed momentum for ETH and potentially spark a broader move across the altcoin market. Related Reading: Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves $2,800 Resistance Now In Sight Ethereum is showing renewed strength as it breaks out of a multi-week consolidation range, with the latest 12-hour candle closing above $2,760. The price action has decisively reclaimed the $2,700 level and is now testing the critical $2,800 resistance zone. This breakout is supported by a clear surge in volume, confirming bullish momentum. The 50, 100, and 200-period moving averages are all trending upwards and currently sit well below the current price, a strong technical sign of sustained momentum. ETH has moved above all three key SMAs, confirming that bulls are in control in the short to medium term. Notably, this is the highest ETH has traded since early June, and the candle structure resembles a classic continuation breakout setup. Related Reading: ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise A successful daily close above $2,800 would open the door for an expansion toward the $3,000 level and potentially higher if momentum holds. However, the key now lies in whether buyers can sustain this move without immediate rejection at resistance. If ETH can hold above $2,700 and build support, the breakout could serve as a launchpad for altcoins, especially as Ethereum often leads broader market moves. Featured image from Dall-E, chart from TradingView
In a livestream broadcast on X, independent market technician Kevin, known online as @Kev_Capital_TA, argued that crypto markets are only now entering what he called “the real bull run,” pointing to a confluence of technical signals, macroeconomic data and inter-market correlations that he believes have not been fully appreciated by traders. The Real Bull Run Starts Here Kevin placed particular emphasis on the behavior of Tether dominance (USDT.D), the share of crypto market capitalization held in the dollar-pegged stablecoin. The analyst displayed two long-term logarithmic USDT.D charts, each showing an initial sharp decline followed by what he described as a “rising channel slash bear flag.” In both 2024 and the present structure, the measured-move target of the pattern sits at 3.70 percent. “It’s really astonishing how this is kind of attempting to play out,” he said, stressing that any sustainable rally in risk assets will require that level to be reached. “The two key words that are going to be the most important words over the next couple of weeks are follow through.” Related Reading: Crypto Market Cap On Track To $4.5 Trillion As Q3 Unfolds – Details He then overlaid a macro descending triangle on a separate two-week USDT.D chart dating back to March 2020. Each time the two-week Stochastic RSI crossed downward, the dominance metric fell sharply, coinciding with periods of strength in Bitcoin and altcoins. The latest cross, now curling lower, again targets 3.70 percent. If that support were to give way, Kevin allowed, a deeper slide toward “the two-percent handle” could mark a “peak bull market” phase—though he cautioned against speculating that far ahead. The technical discussion broadened to Bitcoin’s hash-ribbon indicator, which tracks miner capitulation and recovery. Historically, weekly “buy” signals have preceded 40 to 100 percent upside moves within nine weeks, with what Kevin called a “100 percent hit rate” over eight years of back-testing. Kevin linked the on-chain data to macro conditions. Citing the real-time inflation gauge “Truthflation,” he highlighted a 1.66 percent reading—below the Federal Reserve’s nominal 2 percent target—and falling import prices, both of which, he argued, increase the odds of an imminent shift to easier policy. “If Truthflation stays below 2 percent, you’re going to get the easing you want,” he said, predicting that markets would price in an end to quantitative tightening ahead of any official announcement. “Retail traders are becoming more educated than they’ve ever been.… The market will sniff out rate cuts coming.” Altcoin capital rotation formed a second pillar of the bullish thesis. Ethereum’s market-share chart, he said, had been basing at 2019-2020 lows, with monthly MACD, Stochastic RSI and Market Cipher signals all turning up. Early reallocations into ETH-beta names such as Chainlink and Uniswap are already “up 60 percent” from their accumulation zones, he claimed, framing the moves as the foothills of a broader run. Nonetheless, he warned viewers not to wait for central-bank confirmation: “Don’t be the person sitting on the sidelines waiting for Powell to come out saying QT is over.” Related Reading: XRP Set To Shock The Crypto Market With 30% Share, Analyst Predicts Turning to Bitcoin itself, Kevin acknowledged that the benchmark still faces substantial resistance. Price must clear the March record, then the $112,000–$116,000 range and, ultimately, $120,000 before “thin air” opens a path to $140,000–$150,000. Similarly, the “total three” index—market cap excluding Bitcoin and Ethereum—needs a daily close above $877 billion and, crucially, the yellow-shaded resistance band that has capped rallies five times since February. Only then, he argued, would a new all-time high for the broader alt-basket come into view. Despite the optimism, Kevin repeatedly returned to the notion that conviction without confirmation is premature. “We need to see real deal price action,” he said, noting that Bitcoin’s daily RSI has not reached the 90-plus “euphoria” zone since 2017. He called the post-March tape “down-trending crappy price action” and insisted that any declaration of a full-fledged cycle peak must await multiple days of decisive follow-through. In closing, the analyst underscored the time sensitivity of the opportunity. With the halving behind and the traditional four-year cycle ostensibly entering its final phase, “you’ve got five to six months of what should be elite-level price action,” he said. Whether or not the textbook cycle ends on schedule will depend, in his view, on the interaction between a Federal Reserve pivot and the crypto market’s ability to anticipate it. For now, Kevin’s roadmap is unambiguous: monitor USDT dominance for a breakdown toward 3.70 percent, watch for successive hash-ribbon buy signals, and demand momentum “follow through” above the identified technical hurdles. If those conditions are met, he contends, the rally that many traders thought was already under way will reveal itself as only the warm-up act for “the real bull run.” At press time, BTC traded at $111,250. Featured image created with DALL.E, chart from TradingView.com
Ethereum, the second-largest crypto, appears to be at the cusp of a major breakout. Amid a confluence of strong on-chain activity, growing institutional interest, and a highly favorable technical setup, the ETH price is now flashing multiple bullish signals that could catapult it towards the psychological barrier at $4000. As momentum builds across the Ethereum …
Ethereum (ETH) price today has jumped 6.2% in the last 24 hours, outperforming most top cryptocurrencies, including Bitcoin (2.2%), XRP (4%), BNB (1.1%), Solana (3.0%), Dogecoin (5.2%), and Cardano (4.5%). For the first time in four weeks, Ethereum has surged past $2,700 and is now trading at $2,795.14. Analysts believe this breakout could be the …
Ethereum price started a fresh increase above the $2,720 zone. ETH is now consolidating gains and might aim for a fresh move above $2,800. Ethereum started a fresh increase above the $2,650 level. The price is trading above $2,720 and the 100-hourly Simple Moving Average. There is a key parabolic curve forming with support at $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,720 zone in the near term. Ethereum Price Rallies Above $2,700 Ethereum price started a fresh increase above the $2,650 zone, beating Bitcoin. ETH price gained pace for a move above the $2,720 resistance zone and entered a positive zone. The price even tested the $2,800 resistance. A high was formed at $2,795 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,516 swing low to the $2,795 high. Ethereum price is now trading above $2,720 and the 100-hourly Simple Moving Average. Besides, there is a key parabolic curve forming with support at $2,750 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,800 level. The next key resistance is near the $2,840 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,910 resistance. An upside break above the $2,910 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,980 resistance zone or even $3,000 in the near term. Are Downsides Supported In ETH? If Ethereum fails to clear the $2,800 resistance, it could start a fresh decline. Initial support on the downside is near the $2,750 level. The first major support sits near the $2,720 zone. A clear move below the $2,720 support might push the price toward the $2,650 support or the 50% Fib retracement level of the upward move from the $2,516 swing low to the $2,795 high. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,720 Major Resistance Level – $2,800
Bitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent path. Bitcoin & Ethereum Showing Different Degrees Of Correlation To Other Assets In a post on X, the institutional DeFi solutions provider Sentora (previously IntoTheBlock) has talked about how the latest Correlation Matrix has looked between the two largest cryptocurrencies, Bitcoin and Ethereum, and traditional markets. The “Correlation Matrix” here refers to an indicator that tells us how closely tied together the prices of two given assets currently are. When the value of this metric is positive, it means the assets are reacting to moves in each other by moving in the same direction to some degree. The closer the metric is to 1, the stronger the relationship. Related Reading: Bitcoin & Stablecoin Reserves Diverge On Binance: Liquidity Explosion Brewing? On the other hand, the indicator being under the zero mark implies there is a negative correlation between the two prices. That is, they are moving in opposite directions. For this side of the scale, the extreme point is -1. Naturally, the Correlation Matrix showing a value exactly equal to zero suggests there is no correlation whatsoever between the assets. In statistics, the two variables are said to be ‘independent’ in this case. Now, here is the table shared by Sentora that shows how the Correlation Matrix of Bitcoin and Ethereum stands with respect to some traditional markets: As is visible above, the index that Bitcoin and Ethereum have the strongest positive correlation to is DAX. That said, the Correlation Matrix stands at 0.46 for ETH, meaning that while some correlation does exist, it’s not too intense. This isn’t the case for Bitcoin, which has the indicator sitting at 0.85, indicating its price is pretty in tandem with DAX. Likewise, BTC has a notable correlation to other stock market indices, with a metric value of 0.7, 0.68, and 0.69 for the Russel 2000, S&P 500, and Dow Jones Industrial Average, respectively. In contrast, Ethereum is almost fully independent from these indices, with the indicator standing quite close to zero for each of them. For US Dollar Index and VIX Index, the last two markets listed in the table, the Correlation Matrix is inside the negative zone for Bitcoin. This means that the digital asset has actively been moving against these indices. Related Reading: Ethereum ETF Inflows Hit 8-Week Streak—Institutions Still Buying “Right now, the spotlight is on the U.S. Dollar Index (DXY): if geopolitical and macro tensions drag the dollar lower, that backdrop could create room for another leg higher in BTC,” notes the analytics firm. Just like with the stocks, Ethereum is displaying little correlation to DXY and VIX, further reinforcing that the cryptocurrency has been following a trajectory of its own recently. BTC Price Bitcoin is mounting another bullish push as its price surges to $109,400, but it remains to be seen whether its fate will be any different from the weekend move. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025. According to aggregate data from CoinMarketCap, Bitcoin’s …
Also: Jack Dorsey’s Bitchat, Volkswagen and Hivemapper Team Up, and EigenLabs Layoffs.
Also: Jack Dorsey’s Bitchat, Volkswagen and Hivemapper Team Up, and EigenLabs Layoffs.
Ethereum’s proposed move to 6-second block times under EIP-7782 promises faster transactions and real-time responsiveness.
Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
Bitwise, a leading crypto asset manager, has identified Ethereum, Solana, XRP, and Chainlink as the top blockchain projects to watch, driven by a boom in tokenization. “Tokenization, the idea of moving stocks, bonds, and other real-world assets over blockchains instead of traditional networks, is having a moment,” Bitwise CIO Matt Hougan and Head of Research, …