BTC gets new Ath, ETH pushes higher when Trump-Putin Meeting Spotlight grabs: your weekly crypto-summary

BTC gets new Ath, ETH pushes higher when Trump-Putin Meeting Spotlight grabs: your weekly crypto-summary

3 minutes, 41 seconds Read

It was again a historic week before the cryptocurrency market like Bitcoin, as well as a few altcoins, managed to map new peaks.

But let’s start with the largest digital active. Last week the price struggled to maintain more than $ 117,000 and even dropped a few times below that level. However, it had a solid weekend in which it added a few grand and jumped to $ 119,000.

The start of the current business week was much promising. On Monday alone, the cryptocurrency was above $ 122,000 to mark a peak of several weeks before the bears returned and pushing it to the south with more than three Grand.

However, the highlight still had to take place when the bulls initiated a spectacular leg on Wednesday and Thursday morning, making Bitcoin above his July 2025 all time from $ 123,200 to a new one. This time it actively peaked at $ 124,500.

After this explosive price jump, however, the almost inevitable correction came. BTC quickly returned to $ 122,000 and $ 121,000, but that was just the beginning. The hot PPI data for July came out, with figures that rise to a three-year high point, which had an immediate impact on the price of Bitcoin.

Within a few minutes it actively dumped to less than $ 118,000 and took the rest of the market, which resulted in almost $ 1 billion in liquidations.

Although it has recovered some land since then, BTC is still below $ 119,000. Later today, more volatility is expected, because Donald Trump will meet Vladimir Putin to discuss a possible peace agreement between Russia and Ukraine.

Ethereum also had a big week and rose to the highest level since 2021 of more than $ 4,700. However, it could not push further to break his all time of almost $ 4,900, in contrast to BNB, who set a new record at $ 865. Other remarkable weekly profit are Sol, Hype, Link and Ada.

Market data

Weekly Market overview: Source: QuantifyCrypto

Market capitalization: $ 4,110T | 24H Full: $ 236b | BTC Dominance: 57.5%

BTC: $ 118,665 (+1.5%) | ETH: $ 4,640 (+18%) | XRP: $ 3.12 (-6.5%)

This week’s crypto headlines that you can’t miss

A modest: Saylor’s strategy buys 155 BTC for $ 18 million. The week started with a few modest bitcoin purchases from some of the well-known names. Strategy collected 155 BTC for $ 18 million, while Metaplanet exceeded it with an addition of 518 BTC, bought for more than $ 61 million.

Bitcoin -Dominance falls below 60% while the signals from the Alteason flash. The metric that compares the market share of BTC with all other cryptocurrencies has fallen considerably in the past month, from 62% to less than 58%. According to analysts, hints at the start of the long -awaited altiation season.

Terraform’s Do Kwon argues guilty of his collapse. The CEO of Terraform Labs, Do Kwon, who repeatedly claimed that he was not responsible for the collapse of multi-billion dollars, has finally found guilty. He forfeits $ 19 million in revenues while waiting for the conviction in December 2025.

Is the bull’s cycle approaches the top? This is what Bitcoin Nupl Metric says. Since BTC registered a new all times of an all -time higher than $ 124,000 and shortly thereafter crashed, analysts were quick to speculate whether this bull cycle has driven his course or more profit is ahead. This is what the Bitcoin Nupl Metric had to say about this.

Coinbase closes the Deribit deal as Crypto derivatives. After a few months of speculation, Coinbase announced the official takeover of the world’s largest crypto options -exchange -Deribit. The President and COO of Coinbase described it as the “biggest deal in crypto history.”

Ethereum Exit Warm up queue again: 808,880 ETH worth $ 3.7b held up. Validators who hurry to leave or enter the Ecosystem of Ethereum, have hidden the network because the queue was shot to more than 800,000 ETH, rated at $ 3.7 billion at today’s prices.

Maps

This week we have a graph analysis from Ethereum, Ripple, Cardano, Solana and Hyperliquid – click here for the full price analysis.

Special offer (sponsored)

Binance free $ 600 (excluding cryptopotato): Use this link to register a new account and receive $ 600 excluding welcome offer on Binance (Full details).

Limited offer for Cryptopotato readers at Bybit: Use this link to register and open a free function of $ 500 on each coin!

Disclaimer: Information found about cryptopotato is that of quoted writers. It does not represent the opinions of Cryptopotato about buying, selling or making investments. You are advised to conduct your own investigation before you make investment decisions. Use information provided at your own risk. See Disclaimer for more information.

Cryptocurrency -cards by TradingView.

#BTC #Ath #ETH #pushes #higher #TrumpPutin #Meeting #Spotlight #grabs #weekly #cryptosummary

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *