Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Solana’s tokenized stocks surpass $100M in less than a month, yet DeFi use still lags

24/07/2025

DOJ blames court clerical error for sealing a Trump-linked crypto scam 

24/07/2025

WazirX Creditors to Revote on Amended Rescue Plan Starting July 30, Final Step Before Relaunch

24/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    BTC inflows to exchanges hit 81K BTC as whales, miners cash in on rally

    24/07/2025

    Momentum Cools but Uptrend Remains Intact

    24/07/2025

    UK Allegedly Plans to Sell $5 Billion Worth of Bitcoin – Is This the Reason for the Decline?

    24/07/2025

    Bitcoin Whale Exchange Transfers Spike As Capital Rotation Begins — Latest Altseason Signal?

    24/07/2025

    Analysts Weigh Whale Purchases Against Correction Risks

    24/07/2025

    Ethereum whale accumulation holds strong despite price pullback

    24/07/2025

    Record volumes for the Ethereum ETF

    24/07/2025

    Ethereum Faces $1.3 Billion Unstaking Wave — Here’s What It Could Mean for ETH

    24/07/2025

    Tether in tight spot after U.S. stablecoin bill passes, but USDT growth defies odds

    24/07/2025

    SHIB AI Utopia or New SHIB Season? – SHIB Exec Shares Take on Kusama’s Whitepaper

    24/07/2025

    FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims

    24/07/2025

    Chainlink Surges as Genius Act Clears Path for Crypto Compliance

    24/07/2025

    Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

    23/07/2025

    How GameSquare is monetizing a $38m Ether treasury with NFTs

    23/07/2025

    Pudgy Penguins CEO predicts NFT mania, crypto gaming comeback

    22/07/2025

    CryptoPunks Lead as NFT Trading Volume Rebounds on Solana and Ethereum

    22/07/2025

    Solana’s tokenized stocks surpass $100M in less than a month, yet DeFi use still lags

    24/07/2025

    DOJ blames court clerical error for sealing a Trump-linked crypto scam 

    24/07/2025

    WazirX Creditors to Revote on Amended Rescue Plan Starting July 30, Final Step Before Relaunch

    24/07/2025

    Kalp and Funton.ai Partner to Power Up the Next Wave of Web3 Gaming

    24/07/2025
  • Blockchain

    Kalp and Funton.ai Partner to Power Up the Next Wave of Web3 Gaming

    24/07/2025

    Terminus Partners with KaJ Labs to to Power Decentralized Commerce with AI

    24/07/2025

    Zama and OpenZeppelin Team Up to Deliver Confidential Smart Contracts for Institutions

    24/07/2025

    Powering the Future of Electric Vehicles

    24/07/2025

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    23/07/2025
  • DeFi

    Solana’s tokenized stocks surpass $100M in less than a month, yet DeFi use still lags

    24/07/2025

    zkBTC bridge mainnet goes live, unlocking Bitcoin cross-chain liquidity

    23/07/2025

    Liquid Collective TVL Surges Above $1.3 Billion After Solana Expansion

    23/07/2025

    TVL and Bitcoin at their peak

    23/07/2025

    USDT Rates Spike on Aave After HTX-Linked Addresses Withdraw Liquidity

    23/07/2025
  • Metaverse

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025
  • Regulation

    Bank of America Joins Stablecoin Rush as CEO Moynihan Says Work Already Underway

    24/07/2025

    Gaming Studio Snail Explores Developing U.S. Dollar Stablecoin

    24/07/2025

    FED’s Highly Anticipated Beige Book Document Published – Here Are The Details

    24/07/2025

    Talos to Buy Coin Metrics Amid Surge in Crypto M&A Activity

    24/07/2025

    When Will the Fed Cut?

    24/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    WazirX Creditors to Revote on Amended Rescue Plan Starting July 30, Final Step Before Relaunch

    24/07/2025

    New Development in FTX Payments! New Date and Details Announced for the Long-awaited Next Major Creditor Repayments!

    24/07/2025

    Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers

    23/07/2025

    Polymarket Eyes US Return via $112 Million Crypto Exchange Acquisition

    23/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    ‘Tokyo Beast’ Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch

    24/07/2025

    The case for how crypto can Stop Killing Games

    24/07/2025

    FLOKI hints at $75k prize pool, ignites opBNB’s first tournament

    23/07/2025

    Elderglade’s Cross-Chain Gaming Bridge is Live, Going Cross-Game and Cross-Chain with LINEUP Games Partnership

    23/07/2025

    Galaxy Positioned to Capture Favorable Regulatory Upside, Jefferies Says as It Initiates With Buy

    23/07/2025

    Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program

    22/07/2025

    Bitcoin miner Mawson ousts CEO amid fraud allegations

    22/07/2025

    Russian government readies tougher rules for miners

    20/07/2025

    DOJ blames court clerical error for sealing a Trump-linked crypto scam 

    24/07/2025

    Some Tokenization Is Just ‘Gambling’, Says Prometheum Co-CEO

    24/07/2025

    IRS Agent Links Tornado Cash’s Roman Storm to Binance Funds and Offshore Dealings

    24/07/2025

    Another ICO Boom? What the Senate’s Market Structure Bill Means for Crypto Startups

    24/07/2025

    Solana’s tokenized stocks surpass $100M in less than a month, yet DeFi use still lags

    24/07/2025

    DOJ blames court clerical error for sealing a Trump-linked crypto scam 

    24/07/2025

    WazirX Creditors to Revote on Amended Rescue Plan Starting July 30, Final Step Before Relaunch

    24/07/2025

    Kalp and Funton.ai Partner to Power Up the Next Wave of Web3 Gaming

    24/07/2025
  • MarketCap
NBTC News
Home»Ethereum»ETH/BTC Ratio Surge May Push Ethereum Price Above $2,900
Ethereum

ETH/BTC Ratio Surge May Push Ethereum Price Above $2,900

NBTCBy NBTC26/09/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Leading altcoin Ethereum (ETH) is witnessing a resurgence in bullish sentiment. This comes at a time when Bitcoin’s (BTC) dominance is weakening, suggesting that investors are shifting their focus toward ETH and other altcoins.

As ETH accumulation steadies, the coin could be setting the stage for trading above $2,900.

Ethereum Leads, Bitcoin Follows

Ethereum has surged 13% over the past week, outperforming Bitcoin, which has risen by just 6% during the same period. The ETH/BTC ratio has also continued its upward trend, increasing by 33% over the last seven days, indicating a growing preference for Ethereum over Bitcoin. As of this writing, the ETH/BTC ratio stands at 0.04.

Read more: Ethereum Restaking: What Is it and How Does it Work?

ETH/BTC Ratio. Source: TradingView

The ETH/BTC ratio gauges Ethereum’s strength relative to Bitcoin. A rising ratio indicates that ETH is outperforming BTC, signaling growing bullishness toward Ethereum.

This spike in the ETH/BTC ratio coincides with a drop in Bitcoin dominance (BTC.D), which measures Bitcoin’s market capitalization as a percentage of the entire cryptocurrency market. Currently at 57.56%, BTC.D has fallen by 0.01% over the past week. A decline in Bitcoin dominance often points to increasing interest in altcoins, as demonstrated by the upward trend in the ETH/BTC ratio.

Bitcoin Dominance. Source: TradingView

The recent surge in Ethereum’s value has been partly driven by increased activity among large holders, or whales. On-chain data reveals a steady rise in significant transactions involving ETH over the past month.

For instance, the number of ETH transactions valued between $1 million and $10 million has grown by 14% over the last 30 days, while those above $10 million have surged by 21% during the same period.

An increase in large transactions often signals bullish momentum. When retail investors observe heightened activity among whales, it tends to boost their confidence, leading to more buying and contributing to sustained price growth.

Ethereum Transaction Count by Size. Source: IntoTheBlock

ETH Price Prediction: The Bulls Have Control

Ethereum’s Directional Movement Index (DMI) supports the bullish outlook highlighted above. The coin’s DMI, which measures its price trends and direction, shows the positive directional indicator (blue) resting above the negative directional indicator (red) at press time.

This setup indicates that buying pressure is stronger than selling activity among ETH market participants.

Read more: How To Buy Ethereum (ETH) With a Credit Card: Complete Guide

Ethereum Price Analysis. Source: TradingView

If demand continues to grow, Ethereum could break through the resistance at $2,871, potentially pushing its price above $2,900 and toward $3,104. However, if accumulation slows and profit-taking increases, ETH’s price might drop to the support level of $2,582 or lower.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Analysts Weigh Whale Purchases Against Correction Risks

24/07/2025

Ethereum whale accumulation holds strong despite price pullback

24/07/2025

Record volumes for the Ethereum ETF

24/07/2025

Ethereum Faces $1.3 Billion Unstaking Wave — Here’s What It Could Mean for ETH

24/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Solana’s tokenized stocks surpass $100M in less than a month, yet DeFi use still lags

24/07/2025

DOJ blames court clerical error for sealing a Trump-linked crypto scam 

24/07/2025

WazirX Creditors to Revote on Amended Rescue Plan Starting July 30, Final Step Before Relaunch

24/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.