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Cryptocurrency Ethereum Hits Six-Month Peak, Approaches $3,700 due to ETF Hopefulness

Ether cruised to a fresh high since early January on July 18, peaking at around $3,700. The virtual currency reached $3,677.40 on that day.

Cryptocurrency Ethereum Surges to Six-Month Peak, Flirting with $3,700 as ETF Hopefulness Grows
Cryptocurrency Ethereum Surges to Six-Month Peak, Flirting with $3,700 as ETF Hopefulness Grows

Cryptocurrency Ethereum Hits Six-Month Peak, Approaches $3,700 due to ETF Hopefulness

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In the bustling world of cryptocurrencies, July 2025 sees a dynamic landscape unfolding. Here's a snapshot of the latest news and trends for Bitcoin, Ethereum, Ripple, Litecoin, Cardano, Solana, and other popular digital assets.

Bitcoin (BTC) demonstrates resilience amid large sell-offs, swiftly recovering to trade near $118,000-$120,000. Institutional demand remains steady, with Bitcoin approaching $120K after briefly dipping below $115K. Despite a slight decline in dominance, Bitcoin's price gains in 2025 are supported by ETF inflows, corporate adoption, and clearer regulatory frameworks in the U.S. [1][2][3][4][5]

Ethereum (ETH) is experiencing strong momentum, fueled by record-breaking spot ETF inflows totaling $1.81 billion last week. Major funds like BlackRock’s ETHA ETF have crossed $10 billion in assets under management rapidly. Corporate treasury holdings in ETH are growing, with firms like BitMine Immersion holding over 565,000 ETH (~$2 billion). Ethereum's price fluctuates around $3,800-$3,900, with bullish forecasts targeting over $4,000. [1][2][3][4]

Ripple (XRP) saw a sharp 15% price drop due to a whale sell-off, but institutional demand and potential real-world utility remain. Analysts forecast that XRP could double in value by 2025, although the token carries high volatility risk. XRP's adoption in crypto payments is gaining traction in sectors like gaming and travel. [1][4]

Litecoin (LTC) did not feature prominently in the latest major news highlights or price action reports, reflecting its relatively lower media focus compared to top assets like BTC and ETH.

Cardano (ADA) is facing bearish technical trends, with a recent 1-5% price decline. Despite this, founder Charles Hoskinson expresses optimism that Cardano could outperform Bitcoin and serve as its yield layer. Technical indicators suggest caution as the market sentiment leans toward a weakening price outlook. [2][4]

Solana (SOL) has slipped below important support levels ($183), indicating growing sell pressure and a bearish market structure. This points to near-term downside risk for Solana. [2][4]

Other cryptocurrencies such as Dogecoin, Hedera, and various meme coins like Fartcoin face mixed trends; Dogecoin and Hedera show bullish fundamentals and technicals, while some meme coins have pulled back notably due to fading momentum. [2][4]

Broader industry trends highlight increasing mainstream adoption of crypto payments across gaming, travel, and daily use cases, supported by surveys showing diverse regional and generational uptake. Financial institutions like JPMorgan are exploring crypto-backed loans, signaling deeper integration of crypto products into traditional finance. The overall crypto market capitalization recently crossed $4 trillion, though Bitcoin dominance has declined, suggesting growing interest and capital flow towards Ethereum and select altcoins. [1][3][4]

For the latest prices and more news about Bitcoin Cash, Polygon, Avalanche, Polkadot, Solana, and more, visit our website. You can also follow us on Facebook, Twitter, Instagram, LinkedIn, Reddit, and GETTR. Our content is not influenced by any commissions, and we offer a Calculator feature, Newsletter service, and a variety of sections such as News, Blog, Infographics, Press Releases, Advertise, About, Contact, DMCA / REMOVAL, Media Kit, Sitemap, Advertise, Editorial, Industry Reports, Learn, Guides, Reviews, Opinion, and Community within the Blog category.

[1] [Source 1] [2] [Source 2] [3] [Source 3] [4] [Source 4] [5] [Source 5]

  1. The decentralized finance landscape is expanding, with select altcoins like Cardano and Solana garnering attention for their potential to outperform Bitcoin and serve as its yield layer, as expressed by their founders.
  2. Investing in cryptocurrencies, beyond Bitcoin and Ethereum, presents an opportunity for growth as financial institutions delve into crypto-backed loans, thereby integrating crypto products deeper into traditional finance, and the broader market capitalization of cryptocurrencies recently surpassed $4 trillion, indicating growing interest in various digital assets.

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