Ethereum News Today: Ethereum Surges 11% to $3,642 as Crypto Market Hits $4 Trillion

Ethereum has reclaimed the $3,600 mark, trading at $3,642 at the time of writing, marking a significant milestone as the total cryptocurrency market capitalization reached an all-time high of $4 trillion. This surge in Ethereum's price is part of a broader market rally, with the cryptocurrency market capitalization crossing a new all-time high on July 18, 2025, breaking past the $4 trillion mark. This comes as Bitcoin trades above $120,000 and altcoins like XRP hit fresh peaks, contributing to a full market rally.

Ethereum's price surge is driven by a combination of factors, including substantial inflows into cryptocurrency exchange-traded funds (ETFs) and increased corporate adoption. The nine listed ETFs recorded about $602 million in inflows, building on $717 million from the previous day and bringing weekly totals to roughly $1.7 billion. These are the highest levels seen since December 2024, signaling renewed institutional interest in ETH. Several companies have started adding ETH to their balance sheets, betting on its role as a treasury reserve asset. This wave of allocations has supported Ethereum’s rise, pushing its market cap to around $439 billion.

Ethereum's surge is also part of a broader market breakout, as a strong rally in Bitcoin and several major altcoins pushes market valuations to unprecedented levels. Bitcoin remains the dominant force, holding a market cap of around $2.4 trillion, while Ethereum’s share now sits near 11%. Major altcoins like BNB and Solana are also in the green, adding to the momentum and confirming broad participation in the rally. The crypto market cap all-time high comes as industry regulatory outlook improves, particularly following the greenlight of pro-crypto bills by the US House. A $4-trillion valuation now positions the industry just behind Nvidia, the world’s largest company at $4.2 trillion, testament to its place as a major force in global finance.

The broader market trends also reflect a positive outlook for digital assets. The passage of key crypto regulation bills in the U.S. and the overall bullish sentiment around digital assets are likely to catalyze further gains. This regulatory clarity and market optimism are expected to support the continued growth of cryptocurrencies, including Ethereum and other altcoins. The technical picture for Ethereum also supports a bullish continuation. Ethereum's price has been trading above key moving averages, indicating a strong upward trend. This technical strength, combined with the broader market developments, suggests that Ethereum could continue to rally, potentially eyeing the $4,000 mark in the near future. The overall market sentiment and technical indicators point to a favorable environment for cryptocurrencies, with Ethereum leading the charge.