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Hoda πŸ’ŽπŸŽ©πŸ“ΈπŸŽ­

@hodasa66

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Ethereum Classic jumps 20% as volume explodes on bullish sentiment The price of Ethereum Classic rose sharply on July 18 as bullish sentiment catalyzed a rally to highs of $24.55 Ethereum Classic Ethereum Classic traded 20% up in 24 hours, surging to highs last seen in January 2025. This uptick came as top cryptocurrencies looked to hold onto gains, and ETC stood out as it outpaced peers across the top 100 by market capitalization. Notably, these upward moves by Ethereum Classic bulls aligned with overall upside strength for ETH, XRP and a host of other coins. The ETC token benefited from a spike in interest, with data showing Open Interest in the altcoin is 45% up to $273 million. While the derivatives volume has spiked 300% to more than $1.86 billion, spot volume has jumped 380% to more than $1.6 billion
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Who controls Ethereum now? BitMine’s $1b ETH holdings surpass Vitalik’s foundation BitMine now holds 300,657 ETH worth $1 billion, eclipsing the Ethereum Foundation’s $665 million holdings. This corporate accumulation raises new questions about influence over Ethereum’s future direction. On July 17, BitMine Immersion announced that its Ethereum holdings had surpassed $1 billion, more than triple the $250 million it raised in a private placement just a week earlier The Nevada-based company disclosed a total of 300,657 ETH on its books, overtaking the Ethereum Foundation’s treasury balance, which stood at approximately $665 million as of July 15, according to Arkham Intelligence. The milestone, which BitMine reached by leaning into its new capital markets strategy, cements its place as the largest publicly traded corporate holder of Ethereum and marks a dramatic turn from its origins as a Bitcoin mining operation
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β€‹β€‹πŸ“ˆ Market Overview Ethereum stole the spotlight today, rallying over 9% amid strong ETF inflows. Bitcoin posted a modest 0.6% gain, holding above $118K, while altcoin momentum remained strong and total market cap hit $4T. Bitcoin: $118,705 +0.58% Ethereum: $3,434 +9.06% FLOKI, BONK, and CRV rallied, while TKX, PUMP, and PENGU dipped slightly as attention shifted to majors. Market Cap: $4.00T 24h Liquidations: $501.95M Fear & Greed Index: 74 (Greed) Altcoin Index: 40/100 πŸ‘‰ Latest News - Bank of America CEO confirms stablecoin development plans - Strategy hits record market cap amid Bitcoin surge - PayPal adds Arbitrum support for PYUSD πŸ‘‰ Small Cap Gainers rudi +487.4% Ani Grok Companion +153.5% Fucked Up My Bag Lost Everything +62.8% Assemble AI +42.9% Haedal +40.4%
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