This week Bitcoin maintains steady positions around $118K, while analysts discuss the future of Ethereum and new projects in the crypto space.
Bitcoin: Potential Growth on the Horizon
Bitcoin remains around $118K, with experts predicting significant growth in 2026, possibly breaking the usual four-year cycle. Some analysts expect a peak in the coming months, while others see a new phase unfolding.
ETH Analysis and Its Prospects
Ethereum (ETH) is gaining momentum, as the global money supply hits a record $95.58 trillion. Analysts argue that ETH is significantly undervalued, with optimistic targets as high as $13,000. The falling Bitcoin dominance, down 8.5% since June 27, also fuels ETH's rise.
New Tokens and Projects in the Crypto Industry
TRON has launched the $TRUMP token using the LayerZero standard, enabling smooth cross-chain operations. Meanwhile, FTX is set to distribute $1.9 billion to creditors in September, while Goldman Sachs and BNY Mellon launch tokenized money market funds on blockchain.
The week in the crypto world was filled with events, from Bitcoin's stability to the latest tokens and innovative projects opening new horizons for investors and traders.
