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Mon, Aug 4, 2025, 4:27 PM 2 min read
In This Article:
Cryptocurrency markets are rallying on Monday, led by notable Ethereum outperformance.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $114,668 |
| Ethereum | (CRYPTO: ETH) | $3,680.47 |
| Solana | (CRYPTO: SOL) | $165.72 |
| XRP | (CRYPTO: XRP) | $3.05 |
| Dogecoin | (CRYPTO: DOGE) | $0.2055 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001237 |
Notable Statistics:
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IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 0.1% and grew 3.97%, respectively. Daily active addresses dropped by 10.4% and increased 3.9%, respectively.
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Coinglass data shows 85,818 traders were liquidated in the past 24 hours for $234.22 million.
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The top gainers in the past 24 hours include MemeCore (CRYPTO: M), Mantle (CRYPTO: MNT) and Litecoin (CRYPTO: LTC).
Notable Developments:
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SharpLink Ups Ethereum Bets, Closes In On 500,000 ETH Holdings
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Bitcoin Mining With Nuclear Energy? French Lawmakers Are Considering It
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Coinbase CEO Brian Armstrong Defends UK-Ad Ban: ‘If You Can’t Say It, Then There Must Be A Kernel Of Truth In It’
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Vandalism Against Satoshi Nakamoto Statue Sparks Protest: You Can Steal Our Symbol, But You Will Never Be Able To Steal Our Souls’
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How Coinbase, Robinhood, Circle Could Benefit From The SEC’s New ‘Project Crypto’
Trader Notes: Michael van de Poppe notes that while Bitcoin has broken to the upside, it's still struggling at a major resistance level, with no clear trend reversal confirmed yet.
Bob Loukas highlights that BTC has retested its May cycle high, potentially marking the peak of this 60-day cycle.
While lower lows or retests are common in cycles, he notes they become less predictable in advanced bull markets.
His outlook suggests a strong rally toward a late August high, followed by a cycle decline into September.
Andrew Crypto explains that Bitcoin's recent dip wasn't surprising and was followed by a strong bounce, though it still hasn't tapped into the key demand zone.
5 months ago
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