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[LIVE] Crypto News Today: Latest Updates for July 24, 2025 – Ethereum Flips Bitcoin in Spot Volume as Whales Load Up on ETH Amid Altcoin Rotation

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Follow up to the hour updates on what is happening in crypto today, July 24. Market movements, crypto news, and more!

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Jai Pratap

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Jun 2023

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Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

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Last updated:

July 24, 2025

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

For the first time in over a year, Ethereum has overtaken Bitcoin in spot trading volume, signaling a potential shift in investor sentiment. According to CryptoQuant, ETH recorded $25.7 billion in spot volume last week, surpassing Bitcoin’s $24.4 billion. The ETH/BTC volume ratio broke above 1 for the first time since June 2024, as traders increasingly rotate funds into Ethereum and various altcoins. Seven newly created wallets have recently accumulated 466,253 ETH ($1.7B), including 40,591 ETH ($148M) added just today, as per Lookonchain data.

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