{"id":42197,"date":"2025-08-14T13:49:08","date_gmt":"2025-08-14T13:49:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42197"},"modified":"2025-08-14T13:49:08","modified_gmt":"2025-08-14T13:49:08","slug":"ether-led-rally-pushed-crypto-market-cap-to-3-7t-in-july-jpmorgan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42197","title":{"rendered":"Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan"},"content":{"rendered":"<div>\n<p>The crypto market staged a sharp rebound in July, with total market capitalization climbing 14% from the previous month to $3.7 trillion, Wall Street bank JPMorgan (JPM) said in a research report Thursday.<\/p>\n<p>Average market cap rose 12% in the same period, driven by broad-based gains across tokens, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/14\/PMorgan%20cites%20the%20GENIUS%20Act,%20a%20robust%20crypto%20IPO%20pipeline,%20and%20growing%20TradFi-DeFi%20partnerships%20as%20key%20drivers%20of%20July%E2%80%99s%20rally.\">decentralized finance<\/a> (DeFi), <a href=\"https:\/\/www.coindesk.com\/learn\/what-are-nfts-and-how-do-they-work\">non-fungible tokens<\/a> (NFTs) and exchange-traded products (ETPs), but ether (ETH) stole the spotlight, the report said.<\/p>\n<p>Ether\u2019s market cap surged 49% last month, far outpacing bitcoin\u2019s 8% gain. JPMorgan attributed the move partly to the Ethereum blockchain\u2019s dominant role in stablecoin issuance and growing institutional flows into ETH-linked products. <\/p>\n<p>U.S. spot ether ETPs saw a record $5.4 billion in net inflows, lifting total ETH ETP assets to $21.5 billion, JPMorgan said. Bitcoin (BTC) spot exchange-traded funds (ETFs) added $6 billion, bringing their combined assets under management to $152 billion.<\/p>\n<p>Trading activity accelerated, with average daily volumes across the ecosystem jumping 49% in July, the bank noted. CoinDesk data showed token volumes rising 51% MoM. Ether token volumes surged 60%, four times bitcoin\u2019s 15% increase. DeFi and NFT markets also logged significant volume growth.<\/p>\n<p>JPMorgan pointed to the passage of the GENIUS Act, a growing roster of crypto-linked initial public offerings (IPOs), and deepening partnerships between traditional finance and decentralized finance as key drivers behind the rally. <\/p>\n<p>The bank said these factors, alongside a broader risk-on sentiment in global markets, suggest the recent gains in prices and volumes could prove sustainable.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/13\/ether-price-target-lifted-to-usd7-5k-at-year-end-and-usd25k-in-2028-at-standard-chartered\"><span style=\"text-decoration:underline\">Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market staged a sharp rebound in July, with total market capitalization climbing 14% from the previous month to $3.7 trillion, Wall Street bank JPMorgan (JPM) said in a research report Thursday. Average market cap rose 12% in the same period, driven by broad-based gains across tokens, decentralized finance (DeFi), non-fungible tokens (NFTs) and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42197","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42197"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42197\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}