🚀 Bitcoin Defies Gravity at $17K, Ethereum Soars Past $4.2K—Next Stop: ATH? Top Cryptos to Watch Now

Bitcoin’s holding firm above $17K while Ethereum smashes through $4.2K—signaling a market primed for breakout. Traders are eyeing fresh all-time highs as bullish momentum builds. Here’s the lowdown on where smart money’s flowing.

Bitcoin: The Unshakable Foundation

BTC’s resilience at $17K proves institutional FOMO isn’t just hype—it’s a lifeline for bagholders praying to break even. Meanwhile, miners keep stacking sats like doomsday preppers.

Ethereum’s Gas Guzzler Rally

ETH’s surge past $4.2K comes with Layer 2s eating its fees—ironic, given Vitalik’s 'ultrasound money' pitch. But hey, when the flippening narrative gets stale, just rebrand the roadmap.

Altcoin Casino Opens for Business

With majors holding steady, degen capital’s rotating into leverage plays. Just remember: today’s ‘Web3 innovator’ is tomorrow’s SEC subpoena recipient.

As always, DYOR—because your ‘alpha’ is some VC’s exit liquidity. 📉

What’s more, some crypto analysts are now anticipating ETH to climb back to its November 2021 all-time high of $4,878, making it the best crypto to buy now, with crypto trader Ted sharing on X that a breakout is imminent.

I told you that the $ETH breakout is coming.

And it happened exactly as predicted.

Ethereum has smashed through its resistance and is now heading higher.

It feels like a new ATH is just a matter of days now. pic.twitter.com/XCxetoP0Ku

— Ted (@TedPillows) August 9, 2025

Further to this, CoinGlass’s data reveals that a short squeeze might be up on the horizon since a MOVE to the $4,500 mark will end up putting almost $1.35 billion in short positions at risk.

The momentum of institutional purchase of the ETH has only grown over the last couple of weeks, with Arkham noting on an X post,” ETFs yesterday had total flows of $461M for ETH but only $404M for BTC.”

Moreover, Farside’s data over the last week highlights ETH inflows overshadowing BTC, with US spot-based ETH EFTs boasting $326.6 million in inflows compared to BTC’s $253.2 million

This has been a momentous turn of events for Ether’s founder, Vitalik Buterin, too. After a long stretch out of the spotlight, he’s back, once again as an on-chain billionaire, a title he first earned at age 27 in May 2021!

: Best Meme Coin ICOs to Invest in August 2025

Is BTC The Best Crypto To Buy Now Despite ETH Momentum?

Bitcoin has climbed back above the 180k mark after closing at $115.95k on 9 August 2025, a slip of 0.48% after Friday’s 0.83%. To BTC’s credit, it avoided breaking below the $150k support level.

As seen over the last couple of days, BTC’s ETF inflow trailed behind ETH, prompting a rotation to ETH despite BTC’s bullish technicals.

Technical indicators for the BTC/USD indicate that the crypto king is still looking bullish, sailing above the 50-day and 200-day EMAs. If the BTC manages to break the $120k threshold again, it stands the chance to attack the $122k level that it achieved on July 14 of this year.

update – btc has found support

I suspect the last pump which does come is quite fast to suck people in

so maybe 120k then drop back down a couple of k then final pump https://t.co/vEiaXiA76O pic.twitter.com/0qqzNPzYbd

—ax Price (@Max1milianPrice) August 10, 2025

A sustained momentum above the $122k mark could carry forward to to $130k mark.

There are a couple of key factors that affect BTC’s future bullish outlook, including the CLARITY Act’s progress, the soon-to-be-made-public economic data, including the US CPI Report, Retail sales and Jobless claims.

: Top solana Meme Coins to Buy in August 2025

There are no live updates available yet. Please check back soon!