💥 Bitcoin Hits New ATH — Is Ethereum & BNB Next?
Bitcoin’s fresh all-time high is fueling excitement across the crypto market — and ETH and BNB may be next in line.
📈 $ETH & BNB Surge on Corporate Demand
ETH and BNB are trending strongly upward, with upside targets of $5,000 ETH and $900 BNB.
ETH corporate accumulation is massive — BitMine Immersion (BMNR) & SharpLink Gaming (SBET) acquired 2.3M ETH in just 10 weeks.
Spot ETH ETFs saw $729M daily inflows on Wednesday and $2.27B this week — the largest since inception (SoSoValue).
Standard Chartered’s Geoffrey Kendrick sees ETH targets ranging $5K → $12K, $6K → $18K, and $7.5K → $25K.
📊 Ethereum Price Action$ETH
ETH surged above $4,000 on Saturday, hit $4,749 on Wednesday, and now trades near $4,745 — just shy of its $4,868 ATH from Nov 10, 2021.
A daily close above $4,868 could ignite a rally beyond $5K — a key psychological level.
📊 BNB Price Action
BNB found support at $742 (Aug 5) and rallied +12.5% in 8 days, now at $852 — close to its July 28 ATH of $861.10.
Nasdaq-listed CEA Industries purchased 200K BNB ($160M), becoming the largest corporate BNB holder after a $500M private placement backed by 10X Capital & YZi Labs.
A close above $861.10 puts BNB into price discovery, with bulls eyeing $900.
Downside risk: Correction to $793.86 support.
🔥 Summary:
ETH bulls: Watch for ATH breakout → $5K+
BNB bulls: Close above ATH could launch toward $900