Ether breaks above $700: Will ETH lift altcoins as Bitcoin dominance drops slightly
The bulls are back for Ether, the native cryptocurrency for the Ethereum blockchain, after crossing the $700 mark for the first time since May 2018. The digital asset is trading at $728, nearly 13% up against the USD in the last 24 hours, TradingView data shows.
ETH, the second-largest cryptocurrency with a market cap of $83 billion, is up more than 19% since the start of the month. The digital asset’s price has been going up due to the successful launch of the Beacon Chain, the first phase of the Ethereum 2.0 upgrade, on Dec. 1.
The other factor could be bitcoin’s violent run in December, particularly during the Christmas period. Bitcoin’s price topped $28K before losing momentum and pulling back to the $26,600+ region.
Ether’s price usually moves in tandem with bitcoin. BTC’s recent bullish sentiments could mean a break-out for Ether, which is still 50% down from its all-time high reached in January 2018.
Ether’s bullish sentiments can continue in the coming year as decentralized finance (DeFi), one of the crypto’s hottest tickets in 2020, is projected to continue on its trajectory in 2021.
CME Group, the world’s largest financial derivatives exchange, announced in mid-December that it would list ETH future on Feb. 8 pending regulatory approval. This is a significant development as CME caters to institutions.
Will ETH lift altcoins
Ethereum’s rise could be seen as a big factor in the possible explosion of altcoin prices, leading to what many call the altcoin season.Altcoins have faced mixed fortunes, with XRP nosediving due to the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple.
Celsius (CEL), the native currency of Celcius Network, is up more than 57% in the past 7 days. The gains have seen the digital asset crash into the top 30 cryptocurrencies on CoinMarketCap.
Celsius Network founder Alex Mashinsky, who claims that CEL is the only token registered with the SEC, recently pointed out that coins deemed as securities are going down.
All the coins that may be deemed a security are down 20%-50% with #XRP (XLM, XEM, TRX, XTZ, CRO, NEO...) while the only token that registered with the #SEC is up +42% in 14 days (#CEL)
Another great move in 2018/20 for @CelsiusNetwork see https://t.co/MthJMbwhjR— Alex Mashinsky ©️ (@Mashinsky) December 24, 2020
Zilliqa (ZIL) has gained 67% of its value against the USD in the last 7 days despite a 2.5% loss in the last 24 hours.
Decred, OKB, Digibyte, Terra, Blockstack, Chiliz, Theta Fuel, Synthetic, and THETA are some of the top 100 cryptocurrencies registering gains of 20% or more in the last 7 days.
Get winning crypto tips in 5 minutes a day
Login or upgrade to Cryptonary Pro
Pro
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
$799
For your security, all orders are processed on a secured server.
What’s included?
24/7 Access to Cryptonary's Research team who have over 50 years of combined experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)
Curated list of the most lucrative upcoming Airdrops (Free Money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
