2 weeks ago
Ether taps $4,000 for the archetypal clip successful 8 months successful a further triumph for ETH bulls and the broader altseason, portion Bitcoin dominance fades.
Key points:
Ether hits $4,000 for the archetypal clip since December 2024 successful a cardinal milestone for the year.
ETH terms optimism continues with Ether taking chunks distant from Bitcoin’s crypto marketplace headdress dominance.
BTC could inactive signifier a caller but short-lived rebound, investigation says.
Ether (ETH) returned to $4,000 for the archetypal clip successful 8 months Friday arsenic Bitcoin (BTC) shed its crypto marketplace headdress share.
ETH/USD one-hour chart. Source: Cointelegraph/TradingView
Ether successful “reaccumulation zone” arsenic bulls surge to $4,000
Data from Cointelegraph Markets Pro and TradingView showed ETH/USD reaching $4,012 connected Bitstamp.
Gaining astir 1.7% connected the day, the brace made past for 2025 by breaching the cardinal intelligence level, present nether $900 from caller all-time highs.
🔥 NOW: $ETH backmost astatine $4,000. pic.twitter.com/LorYt6ZgSr
— Cointelegraph (@Cointelegraph) August 8, 2025Reacting, fashionable trader and expert Rekt Capital was among those eyeing Ether’s expanding portion of the full crypto marketplace cap.
“Ethereum Dominance is already ~50-60% of the mode successful its Macro Uptrend,” helium calculated successful an X post.
An accompanying illustration compared existent terms enactment to the erstwhile ETH bull tally done 2021.
Ether crypto marketplace headdress dominance one-month chart. Source: Rekt Capital/XOthers noted the ongoing capitalist penchant for Ether implicit BTC, with fashionable trader Cas Abbe summarizing caller large-scale purchases.
$ETH continues to outperform $BTC 🚀
Just today, a whale bought 10.4K ETH worthy $40.5 cardinal via OTC.
Yesterday, Fundamental Global Inc filed a $5 cardinal support offering to bargain much ETH.
It feels similar the $4K ETH absorption won't beryllium determination for long. pic.twitter.com/Zjsw1xhStS
Analytics assets Lookonchain meantime tracked whale transactions, seemingly aiming to capitalize connected Ether’s comparative strength.
— Lookonchain (@lookonchain) August 8, 2025Exchange bid publication data, featuring a “massive partition of agelong liquidations” beneath $3,960 meantime got X relationship TheKingfisher primed for further ETH terms upside.
“This is what astute wealth hunts,” portion of accompanying X commentary read.
“Most traders spot a dump, we spot a re-accumulation portion waiting to get fueled.”
ETH speech order-book liquidity chart. Source: TheKingfisher/XBitcoin dominance faces “inevitable” decline
The moves provender into an existing conflict for supremacy from altcoins, which has seen Bitcoin’s marketplace headdress dominance descent rapidly.
Related: Bitcoin Energy Value metric says ‘fair’ BTC terms is arsenic overmuch arsenic $167K
Bitcoin’s stock fell beneath 60.7% connected the day, again dicing with a critical enactment level.
In further X analysis, Rekt Capital said that portion dominance could inactive rebound to traditional highest levels astir 70%, its eventual breakdown was “inevitable.”
“And erstwhile that semipermanent method uptrend is lost, BTC Dominance volition modulation into a semipermanent method downtrend,” helium forecast.
“And the semipermanent downside people would beryllium a clang down into the debased ~40%, possibly precocious 30% region.”
Bitcoin crypto marketplace headdress dominance one-day chart. Source: Cointelegraph/TradingViewThis nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
English (US) 