[LIVE]As ETH Rises And BTC Stays Steady, Which Crypto Should You Invest In Right Now?

On 22 August 2025, the king of altcoins succeeded in surpassing its former all-time high (ATH) of $4,885, which was established in November 2021. The updated ATH is now $4,866. Is this the optimal crypto asset to purchase at this moment? Many experts in the industry certainly believe it is.

The outlook for Ethereum is increasingly optimistic. Standard Chartered has adjusted its end-of-year price forecast for 2025 to $7,500, up from $4,000. Moreover, it anticipates that Ethereum will hit $25,000 by 2028.

ETH experienced a surge of over 15% on 22 August 2025 after Federal Reserve Chair Jerome Powell alluded to an imminent rate cut, which encouraged investors to increase their stakes.

At the time of writing, the price of ETH has slightly dipped, trading around the $4,770 mark.

According to crypto asset analytical and trading platforms like Hyblock, this current surge in ETH differs fundamentally from its past peaks. Hyblock asserts that this time, the price movements are fueled by true buyer interest instead of early investors liquidating their holdings and hindering growth.

With the inflow into ETFs increasing and treasuries starting to adopt ETH, combined with supportive trends from the GENIUS Act, the non-BTC crypto appears to be entering a phase of significant uptrend sentiment.

THE WHALE PLAYBOOK

A seasoned BTC investor continues to convert Bitcoin into Ethereum.
Latest transfer: 4,000 $BTC ($460M).

Totals to date:
– 179,448 $ETH purchased ($806M)
– Average price $4,490
– Still holding 135,265 ETH ($581M)

He’s not gambling; he’s strengthening his conviction.

The only question:
What does… pic.twitter.com/HNNHM5IUqg

— Merlijn The Trader (@MerlijnTrader) August 24, 2025

Ethereum ETFs on 21 August 2025 reported $287.6 M in inflows after experiencing four consecutive days of outflow. Thanks to these inflows, total ETF holdings have exceeded $12.12 B, reflecting renewed institutional confidence.

Meanwhile, corporate treasuries are gradually accumulating Ethereum behind the scenes. Companies like BitMine, SharpLink, BTCS, and GaneSquare have together added approximately $1.6B in Ethereum over the past month, raising total corporate reserves to $29.75B.

EXPLORE: Top 20 Cryptocurrencies to Purchase in 2025

BTC Holding Steady at $114k. Is It Still the Optimal Digital currency to Buy Now? Or Is an Altcoin Season Approaching?

While Bitcoin saw an increase to the $117k level on 22 August 2025, it has since retraced back down to the $114k range and is holding steady. This decline in performance corresponds with ETH’s rally, which resulted in it surpassing its ATH.

Bitcoin is encountering an outflow issue. The cryptocurrency’s share of the total trading market capitalization has dipped below 60% for the first time in four months. Presently, its trading market dominance is recorded at 56.6%, according to data from CoinGecko’s network.

This year, Bitcoin commanded a peak of 66% of the total digital currency trading market capitalization.

(Bitcoin Dominance Chart)

The declining performance of BTC indicates a noticeable change in investor behavior, with capital being shifted towards altcoins, particularly large-cap assets such as Ethereum, in pursuit of better yield opportunities.

BTC created a CME price gap on 23 August 2025 after losing roughly 1.87% since the session’s opening. Historically, such gaps have been filled relatively quickly, suggesting that Bitcoin may rebound towards $117k in the near future.

$BTC has established a $2000 CME Gap

I maintain a cautious perspective regarding this gap. Its size is significantly larger than previous gaps, indicating it may take longer to fill.

Exercise caution if you are trying to target this on the LTF. pic.twitter.com/Cmng2FdLEO

— Killa (@KillaXBT) August 23, 2025

The RSI is currently neutral but showing a downward trend. At the same time, the MACD indicates a bearish divergence. Both of these technical indicators suggest a decrease in momentum. Additionally, a drop in trading volume implies a reduction in purchasing pressure.

Interestingly, recent price movements are characterized by hammer-like candles with long wicks appearing near the $112k price floor zone, indicating that buyers are defending this level.

If BTC maintains above the 112k mark and successfully breaks through the $117k level with conviction, optimistic momentum could propel it forward, with potential upside targets emerging at $120.9k and $124.5k, aligning with the upper Fibonacci retracement zone.

#Bitcoin is holding firm at $112K base level with hammer candles indicating buyer defense. A breach above $117K could lead to targets of $120.9K–$124.4K, with $130K in play. pic.twitter.com/zgjCHY14F4

— Arslan Ali (@forex_arslan) August 24, 2025

On the downside, a fall below $112k could prompt BTC to test $108.7k, with further base level at $105.2k.

EXPLORE: Next 1000X Cryptocurrency: 10+ Tokens That Can Achieve 1000x in 2025

The article [LIVE]With Ethereum Pumping And Bitcoin Maintaining, What’s The Best Crypto To Buy Now? was first published on 99Bitcoins.