Ether Hits New Record High Amid Federal Reserve's Signal on Interest Rates

On August 22, 2025, Ether (ETH) reached an unprecedented price of $4,885.00, surpassing its previous all-time high of $4,866.01 set back in November 2021. This 15% surge followed Federal Reserve Chair Jerome Powell's pivotal speech at Jackson Hole, Wyoming, where he hinted at possible interest rate cuts, sparking renewed investor enthusiasm and a "risk-on" sentiment across markets.

Bitcoin also experienced a boost, climbing 4% to $117,008.29 during the same period. The Federal Reserve's speech triggered significant market moves, including around $120 million in ether short positions being liquidated within just one hour.

Ether's strong performance over the past two months, outperforming Bitcoin, is bolstered by rising institutional interest, especially in stablecoins tethered to the Ethereum blockchain. This trend signals growing confidence in Ethereum's ecosystem and its evolving financial instruments.

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