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Ethereum posts best monthly gain in a year with 20% jump in July, but August outlook remains cautious.

Market News
03 Aug 2026
Cointribune
View Source
Bullish
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Ethereum surged about 20% in July 2026, marking its strongest monthly performance in a year and closing near $1,900 after peaking at $1,980. This rebound follows six consecutive months of declines and outpaced Bitcoin's 9% gain over the same period. However, historical trends show August often brings mixed results for Ethereum, with six of the last ten Augusts since 2016 ending in losses. Key factors to watch include whether Ethereum can hold above $1,900, maintain its outperformance against Bitcoin, and confirm a sustained altcoin season rather than a short-term rebound. Investors are advised to remain cautious despite renewed optimism.

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