🔍 General crypto overview

1. Ether stars in record corporate purchases

Public companies are accumulating large amounts of Ether as an inflation hedge. They currently hold almost 966k ETH (~3.5 mm USD in treasury), compared to less than 116k ETH at the end of 2024. The strategy includes staking with returns of 3–4%.

2. Major liquidations in the market

In the last 24 hours, 226 million USD were liquidated, of which Ethereum accounted for about 85.9 mm, surpassing Bitcoin in liquidation volume.

3. Risk of correction at resistance levels

Ethereum continues to try to break the 4,000 USD barrier, but has already accumulated seven failed attempts that raise speculation of a possible pullback.

4. Rise of altcoins: 'Altcoin season' underway

Bitcoin's dominance has reached a tectonic point, paving the way for a possible rally in altcoins, which historically precedes phases of strong performance in smaller coins.

5. Litecoin gains ground in crypto payment methods

Litecoin holds a 14.5% share of crypto payments in July, surpassing Ethereum and major stablecoins, according to data from CoinGate.

Source: AI