Ethereum is now testing the key $3,000 resistance level, buoyed by strong capital inflows into spot ETH ETFs. Despite broader market volatility, traders are still accumulating long positions, thus signaling bullish sentiment, FXStreet reports.
According to NYDIG, Bitcoin surged 30.7% and Ethereum gained 36% between April and June. Meanwhile, the US stock market saw more modest growth at just 11.14%. This shows that crypto assets are increasingly being viewed as a more promising and profitable alternative to traditional assets.
According to data from the Coinwy portal, Bitcoin and Ethereum led the recovery of the cryptocurrency market in July 2025. The growth occurred following major network upgrades and increased interest from institutional investors.
Yesterday, Ethereum surged past the $2,700 mark and is currently trading at around $2,790. According to CoinLineup, the rally comes as major companies ramp up their investments in the altcoin.
Shares of SharpLink Gaming Inc. soared by 28% after the company acquiried 7,689 Ethereum tokens, thereby increasing its total treasury assets to 205,634 ETH. The purchase stimulated a 2.7% growth in the cryptocurrency, FXStreet notes.
The RUB publication has been released
CPI (YoY)
9.4%
Down
The CNY publication is expected
Trade Balance (USD)
103.22B
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