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Alea Research

Pulse – Aug 24

August 25, 202512 min

This week saw $ETH make its first ATH since November 2021, its rally extending to ~$4,900 before dropping to $4,600. While $BTC has stagnated, falling back near the $110k level, BTC.d falling gives some room for majors and alts to rally.

Key Takeaways

  • Macro outlook looks positive as markets head into the fall, with DAT momentum for $ETH and other crypto assets still providing structural inflows.
  • $BTC seems to have seen the bulk of its benefit from institutional capital, while Solana and other major...