Featured News Headlines
Ethereum Price Retreats After Rally, Analysts Predict Sharp Move to $8,000
Ethereum Price – In a major shift in crypto market dynamics, Ethereum’s spot trading volume has overtaken Bitcoin’s for the first time since June 2024, according to CryptoQuant. Last week, ETH recorded $25.7 billion in spot trading, edging past Bitcoin’s $24.4 billion, pushing the ETH/BTC spot volume ratio above 1.0 — a level not seen in over a year.
Analysts at CryptoQuant noted, “Investors are rotating to ETH and altcoins,” indicating a broader trend of capital reallocation in the market.
ETH/BTC Ratio Surges Amid Strong Recovery
The Ethereum to Bitcoin price ratio has surged from 0.018 to 0.031, reaching its highest point since January. This follows a period earlier this year when ETH was considered significantly undervalued. Supporting this rally, US ETF data shows institutional investors are shifting more capital to Ethereum. The ETH/BTC ETF holding ratio has more than doubled, climbing from 0.05 to 0.12.
Lower exchange inflows for ETH also point to reduced selling pressure compared to Bitcoin, strengthening the narrative of Ethereum outperforming Bitcoin in the near term.
Altcoins See Renewed Interest
Capital isn’t just flowing into Ethereum. Altcoin spot trading volume surged to $67 billion on July 17, the highest since March, suggesting a broader market appetite for riskier assets. The CoinGlass flippening index — measuring ETH’s potential to surpass BTC — has climbed to 18.5%, up from 11.5% in April.
Short-Term Dip, Long-Term Optimism
Despite a 5.8% drop in ETH/BTC over the past 60 hours and a 7% decline from 2025 highs, analysts remain optimistic. Santiment predicts a second bullish wave, while others foresee a potential rise to $8,000 driven by institutional and corporate buying pressure.
Still, caution remains, with Glassnode warning of growing speculative froth as open interest across the altcoin sector spikes.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
