Ethereum News Today: Ethereum Hits $4,879 All-Time High Amid Fed Rate Cut Hints

Ethereum surged to a fresh all-time high of $4,879 on August 23, 2025, following remarks by Federal Reserve Chair Jerome Powell that hinted at a potential rate cut in September. The rally has been described as “powerful” by veteran trader Peter Brandt, who highlighted the strength in the asset’s momentum amid a dovish shift in central bank policy [1]. The cryptocurrency had already crossed $4,500 on August 12 and has continued its upward trajectory throughout August, reflecting growing institutional interest and optimism in the market [1].

The surge in ETH prices is being driven by both macroeconomic expectations and capital inflows into U.S.-listed Ether exchange-traded funds (ETFs). According to CoinGecko data, Ethereum was trading at approximately $4,735 at the time of press, with a 10.7% gain in the past 24 hours [1]. Inflows into ETH ETFs have also accelerated, with over $1 billion in assets added in a single day last week. As of August 23, these funds collectively held more than $12.12 billion in Ethereum [1].

Corporate entities are also playing a role in the asset’s appreciation. Over the past month, companies such as BitMine, SharpLink, ETHZilla, and GameSquare have accumulated approximately $1.6 billion in Ether as part of their corporate treasury strategies [1]. This increased on-chain activity and institutional accumulation is contributing to a stronger narrative around Ethereum’s utility and long-term value.

Powell’s comments at the Jackson Hole symposium on August 23 signaled a cautious but dovish approach to monetary policy, noting that the “shifting balance of risks may warrant adjusting our policy stance” [1]. This language has been interpreted by many traders and analysts as a green light for risk-on assets, including cryptocurrencies, to benefit from looser monetary conditions. The broader market has responded positively, with investors positioning themselves ahead of a potential rate cut that could arrive as early as September [1].

The move is also occurring against a backdrop of regulatory clarity. While not directly linked to Ethereum’s price action, the SEC’s resolution of its legal case against Ripple has removed uncertainty surrounding one of the largest altcoins, contributing to a more stable and mature market environment [2]. These broader developments are seen as supportive of the crypto asset class as a whole, encouraging institutional participation and long-term investment.

Analysts note that the relationship between crypto prices and central bank policy will remain a critical factor in the coming months. If the Fed proceeds with a rate cut in September, it could further stimulate demand for high-conviction assets like Ethereum. However, the timing and magnitude of such a move will ultimately determine the extent of the impact on the market [1].

The current momentum in Ethereum reflects not just speculative enthusiasm but also a shift in investor sentiment toward risk assets. With a combination of favorable monetary signals, institutional inflows, and on-chain strength, the market appears to be entering a new phase of optimism in the digital asset space.

Sources:

[1] title1.............................(https://zycrypto.com/powerful-veteran-trader-says-after-ether-rips-to-fresh-all-time-high-amid-likely-september-rate-cut/)

[2] title2.............................(https://zycrypto.com/secs-long-running-lawsuit-against-ripple-officially-over-as-court-grants-joint-motion-to-dismiss-appeals/)

[3] title3.............................(https://www.fastbull.com/news-detail/feds-powell-says-monetary-policy-framework-back-on-4340929_0)