In mid-July 2025, Ethereum returned to the $3,000 mark while Bitcoin continues to fluctuate in the $122,000-$123,000 range.
Ethereum's Return to $3,000
On July 14, 2025, Ethereum (ETH) managed to reclaim the $3,000 mark after a six-month price decline. The last time ETH was at this level was in early February when it peaked at $3,125 before falling to $2,862. In the past 24 hours, ETH rose by 3.2%, reaching a price of $3,040, while over the past week, its price increased by 17.7%. The highest price for ETH in the past trading day was $3,052.
Bitcoin's Dynamics
Bitcoin (BTC) continues to hover in the $122,000-$123,000 range, briefly touching $123,000 before dropping to $122,982. In the past 24 hours, BTC has risen by 3.6%, trading at $122,541. BTC and ETH are showing similar dynamics, with BTC achieving a larger increase of 3.6% compared to ETH's 3.2%.
Overall Market Situation
With the rise of the two largest cryptocurrencies, the total trading volume in the crypto market has surged from $128 billion to $185 billion in the past 24 hours. However, the overall market capitalization has remained relatively stable at $3.8 trillion, experiencing a slight dip of 0.1% after BTC dropped back to $122,500.
Thus, in mid-July 2025, we observe the growth of Ethereum and the stability of Bitcoin, positively impacting the overall state of the cryptocurrency market.