Ethereum Price Reclaims $4,000 for the First Time in 2025

Ethereum (ETH) price has hit a key milestone, reclaiming the $4,000 psychological level. This marks the first time the leading altcoin has hit this level since the start of 2025.

Ethereum’s price shows positive trends that align with the general market shift. This shift has helped Bitcoin (BTC) price jump above the $116,000 level.

Altcoins that are benefiting from these positive trends include XRP, Solana (SOL), Binance Coin (BNB), and Dogecoin (DOGE). These coins are likely to close the week on a positive note.

Ethereum Price Reclaims $4K in Bullish Twist

Ethereum price extended its recent rally to hit a new 2025 high of $4,001 at 13:53 UTC on the Arkham exchange. The altcoin has increased by 8.3% and 49.5% over the past week and month, respectively.

Ethereum price shows signs of recovery as its market capitalization jumped to $477 billion. Continuous purchases has fueled a rally in trading volume, which soared by 19.7% to $39.5 billion.

The $4,000 level is one of the most important for the top altcoin. This level shows that a major shift is coming for the coin, and investors are preparing to take a position.

In line with this trend, the ETH/BTC ratio reached new highs, up by 42% over the past month. This shift is a sign that investors have a preference for Ethereum compared to other altcoins.

Since the start of the year, the ETH/BTC ratio has fallen by 4%. Thus, the recent rise suggests a reversal in short-term sentiment.

However, Ethereum’s bullish move to $4,000 comes with an intriguing twist. Notably, the liquidation data released by CoinGlass revealed a total of $119 million worth of ETH wiped out over the past 24 hours.

Of these liquidations, the total from long position traders came in at $25.98 million, while those from shorts amounted to $93.02 million.

High prices usually attract speculative trading. This increases the number of leveraged positions, raising the likelihood of mass liquidations during price swings.

Ethereum Dominance Climbs Higher

Meanwhile, Ethereum dominance keeps surging. Popular crypto analyst Rekt Capital noted that ETH dominance has climbed approximately 50% to 60%.

Essentially, the Ethereum dominance metric is a measure of ETH’s share of the market. The metric reflects the relative strength of Ethereum compared to Bitcoin and other altcoins.

A rise in ETH dominance often correlates with a decline in Bitcoin dominance. This is because both coins account for much of the crypto market.

It also indicates a market rotation where investors favor Ethereum’s utility and ecosystem over Bitcoin’s.

Historically, an increase in ETH dominance often precedes or coincides with an altcoin rally. This happens when capital flows from Bitcoin into Ethereum and other altcoins.

At the moment, there are signs that an altcoin season might be close. Top altcoins, including ETH, XRP, and SOL, have jumped 8.3%, 7.7%, and 4% over the past week.

Crypto analyst Michael van de Poppe predicted a major altcoin rally in the second half of 2025. The analyst cited historical trends and other macroeconomic factors to back his forecast.

Poppe added that the Altcoin Season Index, a metric that tracks the performance of altcoins relative to Bitcoin, recently reached a cyclical low. He says altcoins have historically seen huge rallies after the metric bottoms.

Ethereum Treasury Firms Pushing Bullish Sentiments

The rise in the price of Ethereum above $4,000 and its high dominance are important developments in the crypto space.

Notably, it comes from corporate treasury accumulation and robust inflows into the exchange-traded fund (ETF) market.

Corporate firms like SharpLink and Bitmine Technologies have continued to increase their ETH reserves.

As of June 17, Bitmine dethroned SharpLink and is the top corporate Ethereum holder, with over 300,600 ETH.

Bitmine is currently the largest ETH treasury firm, with a total of $3.10 billion in holdings. Tom Lee, spearheading the ETH treasury strategy for Bitmine Technologies, predicted that Ethereum price could rally to $16,000.

His latest comments came as Bitmine Technologies took its ETH holdings to 833,000 coins to its stash.