Overview
- Bitcoin held firm above $115,000 this week, trading near $117,000 with analysts noting strong momentum that remains below overheating thresholds.
- Ethereum surged to about $4,200 on Binance, its highest level since December 2021, as on-chain data showed exchange balances falling to a record low of 18.8 million ETH.
- The REX-Osprey Solana + Staking ETF and other spot altcoin ETFs began trading this week, drawing significant institutional inflows into emerging tokens.
- Cardano and Dogecoin are testing key resistance levels near $0.81 and $0.24 respectively, buoyed by bullish technical breakouts and rising whale accumulation.
- BlockDAG’s presale has amassed over $364.5 million and enters its final 72 hours at $0.0016 before prices rise on August 11.