Ethereum News Today: Ethereum Surge Drives Altcoin Rally Amid ETF Inflows and Rate Cut Hopes

As Ethereum (ETH) approaches the $4,500 level, the broader altcoin market is experiencing a surge, with several prominent Ethereum-based tokens gaining traction amid renewed bullish momentum [1]. The recent influx of over $1 billion into Ethereum ETFs has reinforced investor confidence, drawing comparisons to Bitcoin’s capital inflow patterns and signaling a potential shift in market dynamics [1]. This development is fostering a chain reaction, with altcoins benefiting from the positive sentiment and capital reallocation.

Among the altcoins showing strong signs of momentum are ENS and LDO. ENS, a key player in the Web3 naming space, has seen a $1 price increase, and further gains could be expected if Ethereum’s rally continues [1]. Analysts have noted that a sustained ETH uptrend may push ENS to key resistance levels between $33 and $50 [1]. Similarly, LDO is gaining attention due to its recent SEC approval for liquid staking tokens, with its price reaching $1.62 as of the latest report [1]. Sustained support at $1.5 could lead to further gains, potentially reaching $2.12 and beyond [1].

PEPE Coin, a popular meme coin, is also part of the altcoin surge. Although meme coins remain a high-risk category, PEPE shows a strong correlation with ETH’s performance. The token is currently targeting $0.0000125, with key resistance levels at $0.0000142 and $0.0000168. A successful breakout could see PEPE move into the $0.00002 to $0.0000266 range [1]. This pattern underscores the interconnected nature of the Ethereum ecosystem, where major price movements in ETH can amplify smaller token rallies.

The broader market context is also shifting due to macroeconomic developments. Recent U.S. employment data revealed a significant downward revision in job creation figures for May and June 2025, with the economy adding 258,000 fewer jobs than previously reported [9]. This has increased speculation that the Federal Reserve may pivot toward a more accommodative monetary policy, with the probability of a September rate cut now above 90% [9]. While this could enhance liquidity conditions for crypto markets, the potential for further economic weakness adds a layer of uncertainty to the sustainability of the current rally.

Investor behavior is also evolving in response to this volatility. Some are shifting capital toward Bitcoin and stablecoins as defensive strategies, while others are rotating into high-potential altcoins and meme coins [9]. Retail traders, in particular, are actively participating in the Ethereum-driven rally, betting on continued momentum across the ecosystem.

Looking ahead, the next major catalyst for the market will be the Federal Reserve’s upcoming policy decision. A rate cut could provide further tailwinds for crypto, especially for altcoins with strong growth potential. However, if economic conditions deteriorate further, the market may struggle to maintain its current trajectory. Traders and investors must closely monitor both macroeconomic signals and crypto-specific fundamentals as the market continues to evolve [9].

Source: [1]Discover Top Ethereum Altcoins Thriving On ETH's Historic Rally...(https://en.coin-turk.com/discover-top-ethereum-altcoins-thriving-on-eths-historic-rally/)

[9]Best Crypto To Buy For Huge Returns In Q4 Of 2025 (https://blockchainreporter.net/best-crypto-to-buy-for-huge-returns-in-q4-of-2025/)