Reported about 15 hours ago
Ethereum has surged to new highs, briefly touching $4,948 over the weekend, following comments from the Federal Reserve Chair which hinted at potential interest rate cuts. This surge comes after breaking its previous all-time high of $4,878 set in November 2021. Factors contributing to this boom include record demand for U.S. spot Ethereum ETFs, corporate accumulation by treasury firms, and favorable regulatory developments, leading many to anticipate Ethereum could surpass the $5,000 mark by the end of 2025.
Source: YAHOO