Ethereum Soars Past $3,600: The Crypto Market Is On Fire!

Hang onto your hats, folks! The crypto market is rocketing to new heights, and Ethereum isn't just along for the ride—it's leading the charge as one of the top gainers!

Check this out: on July 18, 2025, Ethereum (ETH) blasted back into the $3,600 zone for the first time since it dipped below that mark in January. That's right, it's back and better than ever!

As I type this, ETH is trading at a whopping $3,642. It's reclaiming its spot like a boss, with a 9% surge in just the last 24 hours. This beast is unstoppable!

This week alone, ETH's up about 22%, and over the past month, it's soared nearly 43%. Talk about a comeback! But what's fueling this wild ride?

Record ETH ETF Inflows and Corporate Buying Boost Gains

Hold onto your seat, because one major driver is the insane surge in U.S.-listed spot exchange-traded funds tracking Ethereum. These ETFs are pulling in cash like crazy as demand goes through the roof!

Just in the last few days, the nine listed ETFs raked in about $602 million in inflows. That's on top of $717 million from the day before, pushing weekly totals to around $1.7 billion. We haven't seen numbers like this since December 2024! It's clear that institutions are all in on ETH.

And get this: companies are jumping on the Ethereum train too. Several big names are adding ETH to their balance sheets, betting big on it as a treasury reserve asset. This corporate love is pushing Ethereum's market cap to around $439 billion. That's no small change!

But ETH isn't the only one making waves. It's part of a broader market breakout, with Bitcoin (BTC) and major altcoins riding the same rocket to unprecedented levels.

Crypto Market Cap Hits Record Highs

Listen up, because this is huge: the total cryptocurrency market capitalization just smashed through a new all-time high on July 18, blasting past the $4 trillion mark! BTC's trading above $120,000, and altcoins like XRP are hitting fresh peaks, fueling a full-on market rally.

JUST IN: The total crypto market cap has hit a new ATH of $4T.

Data from market trackers shows Bitcoin's still the king, holding a market cap of around $2.4 trillion. But Ethereum's not far behind, with its share sitting near 11%. And don't sleep on major altcoins like BNB and Solana—they're also in the green, adding to the momentum and showing everyone's in on this rally.

The crypto market cap all-time high comes as the regulatory outlook improves, especially with the U.S. House giving the green light to pro-crypto bills. A $4-trillion valuation puts the industry just behind Nvidia, the world's largest company at $4.2 trillion. That's right, crypto's a major force in global finance now, and it's not slowing down anytime soon!