Ethereum Surges to New Highs Following Powell’s Jackson Hole Speech
TL;DR
Ether's price surged past its 2021 record to $4,885 following dovish comments from Federal Reserve Chair Jerome Powell about potential rate cuts, sparking a risk-on rally in the crypto market.
- Ether notches first new record since 2021 after Powell speech teasing rate cuts CNBC
- Powell suggests rate cuts are coming — but not because Trump demanded them CNN
- Bitcoin Traders Position for Jackson Hole. What Powell's Big Speech Could Mean for Crypto. Investopedia
- Bitcoin, Ethereum, XRP Jump After Powell’s Fed Speech. How the Fed Is Boosting Cryptos. Barron's
- Ether gains 10% after Fed's Jackson Hole, ETF holdings top 6.4M ETH Cointelegraph
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