2025 Altseason: Ethereum Surges 170% as Bitcoin Dominance Declines—Is a Blow-Off Top Near?
- Ethereum has surged 170% from its recent lows, now nearing its all-time high.
- As Bitcoin holds steady near $120K, its market dominance is declining, making way for altcoins to outperform.
- Altcoin futures volumes are on the rise, coupled with a strong uptick in retail activity.
The prospect of a full-blown altcoin season is fast becoming more potent. Several crypto assets surge amid shifting market dynamics following Bitcoin’s breakout to an all-time high near $120,000 earlier in July.
Ethereum, in particular, has become a bellwether for the rally, with institutional inflows, trading volume, and retail activity all pointing toward the beginning of a new altseason.
Ethereum Rallies 170% from Lows, Nearing All-Time High
Ethereum has surged 170% from its recent lows around $1,300. Currently trading at approximately $3,850, it is just 23% shy of its all-time high of $4,871.
The momentum was amplified by a $1.3 billion investment from SharpLink, which now holds 438,190 ETH, one of the largest known Ethereum accumulations this cycle. Other firms, such as The Ether Machine, disclosed new Ethereum token acquisitions today, investing $57 million. The compa…
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2025 Altseason: Ethereum Surges 170% as Bitcoin Dominance Declines—Is a Blow-Off Top Near?
- Ethereum has surged 170% from its recent lows, now nearing its all-time high.
- As Bitcoin holds steady near $120K, its market dominance is declining, making way for altcoins to outperform.
- Altcoin futures volumes are on the rise, coupled with a strong uptick in retail activity.
The prospect of a full-blown altcoin season is fast becoming more potent. Several crypto assets surge amid shifting market dynamics following Bitcoin’s breakout to an all-time high near $120,000 earlier in July.
Ethereum, in particular, has become a bellwether for the rally, with institutional inflows, trading volume, and retail activity all pointing toward the beginning of a new altseason.
Ethereum Rallies 170% from Lows, Nearing All-Time High
Ethereum has surged 170% from its recent lows around $1,300. Currently trading at approximately $3,850, it is just 23% shy of its all-time high of $4,871.
The momentum was amplified by a $1.3 billion investment from SharpLink, which now holds 438,190 ETH, one of the largest known Ethereum accumulations this cycle. Other firms, such as The Ether Machine, disclosed new Ethereum token acquisitions today, investing $57 million. The compa…
The post 2025 Altseason: Ethereum Surges 170% as Bitcoin Dominance Declines—Is a Blow-Off Top Near? appeared first on Coin Edition.
Read More