- Ethereum worth is close to $3,800 amid recent upside momentum.
- Arthur Hayes targets $5k as QCP analysts level to ETH dominance leaping to 11.5%.
- The broader altcoin market is basically bullish as Bitcoin consolidates after hitting a brand new all-time excessive.
Ethereum (ETH) has emerged as one of many altcoins to realize large consideration after surging from under $2,500 to $3,800 and now focusing on the $4k stage.
Amid worth forecasts that see ETH bulls goal additional beneficial properties, Arthur Hayes, former BitMEX CEO, has questioned whether or not consumers can push to $5k this week.
Analysts at QCP are additionally bullish on Ethereum because the altcoin’s dominance jumps to above 11% as Bitcoin’s market share drops to 60%.
Ethereum worth rises as bulls goal extra beneficial properties
As of writing, Ethereum worth hovers round $3,773, barely off intraday highs of $3,819 reached earlier within the day.
The value stage places Ethereum on observe to interrupt above $4,000 amid its newest robust uptrend. In keeping with market information, ETH’s present worth is up simply 2% within the final 24 hours.
Nevertheless, the highest altcoin’s worth is up 24% up to now week and greater than 58% up to now month.
Lookonchain has shared information displaying ETH whales have aggressively collected in the previous week, with over $2.7 billion in Ethereum scooped.
Arthur Hayes famous:
Fam can we pump $ETH to $5k by Friday?
— Arthur Hayes (@CryptoHayes) July 21, 2025
ETH worth prediction
The Ethereum worth is in bullish momentum and has strengthened restoration for many cash, with the Ethereum worth gaining amid a surge in its market dominance.
QCP analysts have recognized this outlook for ETH and shared their optimistic predictions for the altcoin through X.
Notably, Ethereum is recording a surge in market share dominance as Bitcoin’s dominance slips from highs of 64% to 60%. Ethereum has climbed from 9.7% to 11.6%.
“Is altcoin season lastly right here? Altcoin season indexes have surged previous 50 throughout main sources, the best since December. $ETH perpetual open curiosity has spiked from beneath $18B to over $28B in every week, and this time it appears like establishments are main the cost, not retail,” QCP posted.
Per their insights, the GENIUS Act and its signing into regulation on July 18, 2025, could possibly be a “main catalyst.”
On the invoice, the analysts famous:
“It introduces a transparent regulatory framework for stablecoin issuance, spurring renewed curiosity in $ETH and different L1s that host stablecoins.”
On this case, many company treasuries need to faucet into the chance with purchases of Ethereum, Solana, XRP, and Cardano. Income from Bitcoin are going into Ethereum and different altcoins.
The rotation may speed up Ethereum’s beneficial properties, notably if the US Securities and Trade Fee approves staked ETH exchange-traded funds.
In keeping with QCP, the market has seen spot ETH ETF inflows outpace Bitcoin’s for 2 consecutive days.
The mix of institutional inflows, regulatory readability, and technical energy positions ETH for a big breakout.
