Financed by a $10 million convertible note issue and more than $207 million raised year-to-date via at-the-market equity sales, convertible debt, and DeFi borrowing, BTCS Inc. increased its Ethereum reserves by 14,240 ETH in July 2025, therefore bringing its total to 70,028 ETH (approximately $270 million at $3,850/ETH). Leading public blockchain infrastructure supplier BTCS uses these assets via its NodeOps staking and Builder+ block-building projects, combining DeFi with conventional finance techniques to produce income and maximize shareholder value. This strong gathering emphasizes both BTCS's concentration on expansion and the general institutional change toward allocating corporate treasuries to Ethereum in 2025.
ETHUSD gained more than $150 after a minor profit-booking. It hits an intraday high of $3886 and is currently trading around $3864.
Overall trend remains bullish as long as support $2000 remains intact. Watch out for $4000, any break above targets $5000. A robust bullish trend will only materialize above $5000.
Immediate support is around $3698. Any violation below will drag the price down to $3675/$3600/$3500/$3200/$3000. A breach below $3000 could see Ethereum plummet to $2770/$2500.
It is good to buy on dips around $3700 with SL around $3500 for a TP of $4100/$5000.


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FxWirePro- Major Crypto levels and bias summary
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