Ethereum Price Explodes 40% in July as ETF Inflows Hit Record $726M

The crypto market today is showing strong bullish momentum, with the Ethereum price emerging as the clear leader. On July 14, Bitcoin price briefly touched $123,000 before cooling off. 

While BTC posted a modest 0.7% gain in the past 24 hours, Ethereum surged by 7.3%, XRP by 7.7%, BNB by 3.4%, Solana by 5.2%, Dogecoin by 7%, and Cardano by 3.7%, signaling a potential altcoin season.

Why Ethereum Is Soaring: Spot ETFs See Historic Inflows

Ethereum’s price explosion is largely driven by unprecedented inflows into U.S. spot Ether ETFs. According to data…