Ethereum (ETH) approached within an all-time high of 3.9% as Altcoins showed widespread strength.
Use it across major alternative cryptocurrencies It reached a record $47 billion According to GlassNode data.
Ethereum traded at $4,738.94 as of press time, up 3.1% over the last 24 hours, just 2.7% off the highest ever registered in November 2021.
The rally matched A wide range of altcoins earnwith seven-day returns up 25.5% for Ethereum and Dogecoin, XRP increased by 16.2% and Solana increased by 13.6%.
Jag Kooner, head of derivatives at Bitfinex, attributes Ethereum’s momentum to “a favorable macro background after strong ETF influx, institutional accumulation, and soft CPI data raises rate cut expectations.”
This combination brings traders back to risky assets and sees a long updated positioning of both Bitcoin and Ethereum.
Optional activities signal breakout expectations
Ethereum Options Open Interests Climbed to Year Highs Approximately $16.1 billion In addition to Spot Price Rally, according to GlassNode.
The rising open-in test shows strong demand for potential breakout-area options above previous highs.
Call Premium Activities Check the bullish positiontraders paid around $82 million on August 8th and $31.5 million on August 11th, consistently outperforming Put Premium.
GlassNode data shows that as traders approach record levels, traders are paying premiums for upward convexity.
Optional data indicates low implicit volatility despite the accumulation of open interest. This suggests that the market expects rapid movements while hedging downside risks.
Bitfinex’s Kooner pointed out that compressed volatility indicates that macro shocks can cause significant price fluctuations.
The Altcoin sector shows statistical outperformance
7-day market-wrapped returns across the top altcoin Violated the line Mark statistically significant outperformance periods three times from April in the standard deviation band.
The size and frequency highlight the sustained capital turnover from Bitcoin to the Altcoin sector.
Leverage accumulation creates conditions in which price movements can cause cascade effects on multiple assets.
GlassNode emphasized that the broader Altcoin intensity reflects “a market overall appetite for higher beta exposure, as momentum builds outside of Bitcoin.”
Ethereum Market Data
When reporting 10:41pm, UTC on August 13th, 2025Ethereum ranks second in terms of market capitalization, and the price is above 3.46% Over the past 24 hours. Ethereum has a market capitalization $57.42 billion 24-hour trading volume $6.335 billion. More about Ethereum›
Overview of the Crypto Market
When reporting 10:41pm, UTC on August 13th, 2025Crypto market totals are evaluated by 4.16 trillion dollars There is a 24-hour volume $2416.2 billion. Bitcoin’s advantage is currently underway 58.78%. Crypto Market Details›
