Ethereum Is Heading Towards All-Time High – Market Info

The cryptocurrency market has continued to grow strongly over the past two weeks. The total market capitalization has increased by approximately 4.8% and currently stands at €3.5 trillion. Bitcoin’s market share has declined, and Bitcoin’s dominance has fallen below 60% for the first time since January 2025, specifically to 59.3%.

Investor sentiment in the cryptocurrency market remains positive, with the Fear & Greed Index standing at 73 points out of 100. The altcoin season index has risen from 37 points to 51 points over the past two weeks.

Ethereum Is Heading Towards an All-Time High

The second-largest cryptocurrency, Ethereum, reached its highest value since November 2021 on Wednesday (August 13) after surpassing the $4,680 mark. Ethereum is slowly but surely approaching its historic high from 2021, which stands at $4,891. The price of Ethereum rose by more than 8% on Tuesday, with growth continuing on Wednesday. Ethereum’s continued growth is mainly influenced by BitMine Immersion Technologies’ announcement of its plan to raise up to $20 billion to purchase ETH, as well as strong capital inflows into spot Ethereum ETFs.

BitMine, led by Chairman Tom Lee, already owns $4.96 billion worth of ETH. Analysts compare the move to raise an additional $20 billion to purchase ETH to Michael Saylor’s strategy with Bitcoin. According to Michaël van de Poppe, a well-known crypto influencer on social network X, ETH has grown by more than 100% in less than two months, and he believes that Ethereum could reach a new high in the near future.

While Bitcoin is currently consolidating between $115,000 and $120,000, Ethereum is benefiting from corporate interest and expectations of Fed interest rate cuts following favorable inflation data. Standard Chartered predicts that corporations could eventually own up to 10% of ETH reserves, supporting its long-term growth. BitMine plans to acquire 5% of ETH reserves, which means purchasing an additional 6 million ETH.

This development underscores the growing confidence of institutions in Ethereum as a key asset. With the potential to surpass historical highs and strong support from corporations, Ethereum is establishing itself as a leader in the DeFi and stablecoin sectors. Source

Norwegian Sovereign Wealth Fund Increases Exposure to BTC

The Norwegian sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), dramatically increased its indirect exposure to Bitcoin by as much as 192% in the second quarter of 2025 alone. In practice, this means that the fund now indirectly holds the equivalent of up to 7,161 BTC, compared to approximately 3,821 BTC at the end of 2024.

The significance of this exponential change lies in a smart strategy: NBIM did not take the direct route of purchasing cryptocurrencies, but instead invested in companies with large Bitcoin reserves. These were mainly shares in Strategy, Marathon Digital, Block, Coinbase, and Japan’s Metaplanet — all known for their Bitcoin-oriented cryptocurrency focus. The most significant contributor to the growth in exposure was MicroStrategy, which accounted for the largest share of the 3,340 BTC increase.

This approach means that Bitcoin has indirectly entered the portfolio of the world’s largest sovereign wealth fund through market forces and market developments without the fund directly purchasing it. As Vetle Lunde of K33 Research pointed out, this is an example of how BTC is “creeping” into diversified investment mixes, whether consciously or not.

The Norwegians are thus demonstrating an excellent hybrid model: they are leveraging Bitcoin’s presence in traditional companies that are publicly traded on the stock market to gain indirect exposure without the need to hold Bitcoin permanently, which also reduces regulatory risk and volatility.

What does this mean? NBIM is setting an example of how institutional managers can cautiously approach digital assets. If other sovereign wealth funds (e.g., from the Emirates, Asia, or China) were to adopt similar strategies, we could soon see further capital pressure on the blockchain sector – but through controlled, standard investment channels. Source

Closed Chapter: SEC Ends Dispute With Ripple

The long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has come to an end. In a favorable conclusion for Ripple, the company behind the XRP token, Judge Analisa Torres upheld a $125 million fine and maintained the decision prohibiting the sale of XRP to institutional investors. Even the recommended $50 million fine proposed by both parties was rejected as insufficient.

The case, which began in December 2020, involved allegations of selling unregistered securities — specifically XRP. These issues sparked a widespread debate about whether and how cryptocurrencies should be considered regulated assets. In July 2023, Judge Torres ruled that the sale of XRP on public exchanges did not fall under securities law, but that the sale to institutional investors did, which at the time led to the aforementioned fine being imposed.

Appeals by both Ripple and the SEC were withdrawn, bringing one of the biggest cryptocurrency legal battles to a definitive end. Ripple’s chief legal officer, Stuart Alderoty, stated on social media that this was the definitive end of the case. This step follows a phase in which the SEC has also softened its approach towards other companies such as Binance, Coinbase and Kraken.

These events send a clear signal – the SEC has confirmed that securities rules do not apply to public sales of XRP, giving Ripple some clarity on its legal status. Although institutional sales remain limited, the message is clear: regulatory risk has been reduced, which may attract more institutional players to the cryptocurrency sector.

The closure of this case could mark a new start for XRP, from technical solutions to adoption and integration into the more traditional financial system. And for the entire cryptocurrency industry, it is a precedent that shows that even the most complex disputes can be resolved with certainty and a clear outlook for the future. Source

Trump Signed an Executive Order for Cryptocurrencies

On Thursday, August 7, President Donald Trump signed an executive order allowing alternative investments such as cryptocurrencies, private equity, and real estate to be included in 401(k) retirement plans. This move opens the door to managing up to $12 trillion deposited in these accounts.

Trump’s team has tasked the Department of Labor with working with regulators—the SEC and the Treasury Department—to draft rules enabling this change. While supporters argue that expanded investment options will pave the way for higher returns, especially for younger savers, critics point to the volatility and low transparency of alternative investments. In addition, cryptocurrencies are characterized by extreme price fluctuations, which some consider a high risk for the retirement portfolios of less savvy investors.

Several experts have spoken out against the idea. Anil Khurana of Georgetown points to weak investor protections, high fees, and stark differences in liquidity compared to standard 401(k) funds. The framework for these plans, originally designed for simple, low-cost products, would have to be fundamentally adapted to handle the added risk. Furthermore, a lack of understanding of the investment product among ordinary savers could lead to legal disputes.

All of this is taking place in the broader context of Trump’s pro-crypto policy – Trump signed an executive order in the spring to create a strategic cryptocurrency reserve and organized a summit with representatives of the tech scene during his time in the White House. However, this latest move signals a shift from symbolic acceptance of crypto to the integration of digital activities into Americans’ everyday financial planning. Source

Bitcoin Dominance Fell Below 60%

Bitcoin’s market dominance, i.e., BTC’s share of the total value of all cryptocurrencies, has fallen below the psychological threshold of 60%. This is the lowest level since January and a possible signal that investors are beginning to shift their capital toward alternative cryptocurrencies. This shift is often seen as the beginning of a trend known as “altseason,” when alternative cryptocurrencies grow faster than Bitcoin itself.

The biggest driver of the current movement is Ethereum, which has come close to its all-time high and has managed to attract the attention of the entire market. Other major altcoins, such as Solana and XRP, are also doing well, recording visible growth after a period of stagnation. There is also increased activity in smaller and medium-sized projects, which may mean that investors are prepared to take more risks in anticipation of higher returns.

Historically, a decline in BTC dominance below certain key levels has been a harbinger of significant growth in altcoins. Over the past few days, altcoin market capitalization has risen by more than 16%, a clear sign that the market is beginning to wake up. If this trend continues and Bitcoin dominance falls even further, we may see a dynamic period of growth in the broader cryptocurrency market, similar to the booms of previous years.

Although some indicators still suggest that a full-fledged altseason is still forming, the momentum is clearly shifting. Investors are thus faced with the question of whether to get involved now or wait for confirmation of the downward trend in dominance. In any case, it is clear that the market is at an interesting transition point that could bring a number of interesting investment opportunities. Source

Inflation in the U.S. Is Falling – Is It Time to Cut Rates?

The cryptocurrency market is gaining momentum after July brought very positive inflation figures – the consumer price index (CPI) stood at 2.7% annually, slightly below analysts’ expectations and very stable compared to June. The market responded with a significant increase in the likelihood of a rate cut by the Fed as early as September – the probability of a rate cut is currently around 93%.

This development has created a favorable macroeconomic environment for riskier assets, which Bitcoin clearly falls into. Investors agree that lower interest rates reduce returns on traditional assets and products, which may attract fresh capital to the cryptocurrency market.

Next week’s data on the producer price index (PPI, estimated at 2.3%) and the core PPI (estimated at 2.5%) could be key to further developments. A weaker-than-expected result could confirm the optimistic macroeconomic outlook for Bitcoin, reinforce expectations of lower rates, and increase demand for risky assets such as Bitcoin. However, we will not know until September whether we will see a rate cut. Zdroj

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