The post Can Ethereum Price Hit $4,500 Amid These Developments? appeared on BitcoinEthereumNews.com.

Key Insights Ethereum price has crossed $3,800 as Bitcoin’s dominance slips under 60%. BTCS Inc. now holds over $270 million worth of ETH, showing rising confidence. Traders are shifting their focus away from Bitcoin, with more attention now being given to Ethereum and altcoins. Ethereum price crossed $3,800 in late July 2025, backed by rising dominance, growing investor interest, and higher trading activity. With new funding and strong market signals, the question now is whether Ethereum can push past the $4,500 mark in the coming weeks. Ethereum Gains Strength as Bitcoin Slips It is worth mentioning that Ethereum has been gaining ground in recent weeks. Its price stood at $3,806.30 as of July 28, 2025. This development came as more traders shifted funds from Bitcoin to Ethereum, resulting in a steady increase in the ETH market share. A chart shared by crypto commentator Ted Pillows on X showed Bitcoin’s dominance has dropped below 60%. At the same time, Ethereum’s share of the market grew, following a familiar pattern seen in past altcoin rallies. Ethereum Dominance Update | Source: Ted Pillows Notably, when this kind of shift occurred in the past, it often signaled stronger performance for Ethereum and other coins. It is worth noting that Ted observed that this type of move tends to trigger what is often referred to as altseason. This is often a period when altcoins outpace Bitcoin in terms of price growth. Ethereum, being the second-largest digital asset, usually led the charge during these times. In a separate development, BTCS Inc., a U.S.-listed company, reported that it had added 14,240 ETH to its portfolio, bringing its total to 70,028 ETH. The company valued its holdings at around $270 million, using a price of $3,850 for Ethereum. According to the update, it has raised $207 million thus…

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Filed under: News - @ July 29, 2025 2:28 pm