Explosive! Ethereum Soars to $4887, Setting a New All-Time High After 44 Months of Waiting, Market Value Surpasses Mastercard and Netflix

Binance market data shows that Ethereum's price surged today, reaching $4887, refreshing its historical peak after 44 months, marking another milestone in the cryptocurrency market.

From the perspective of market capitalization, Ethereum's current market value has ranked 25th among global tech companies, solidifying its position as the second-largest asset in the crypto space and directly surpassing globally renowned companies like Mastercard and Netflix, showcasing strong market competitiveness.

This new high for Ethereum is closely related to macro market expectations. Following the latest speech by Federal Reserve Chairman Powell, market expectations for a rate cut in September have sharply increased, with the probability soaring to 90%. The liquidity dividend under easing expectations has injected strong upward momentum into risk assets like Ethereum.

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