Ethereum updated its historical maximum of $4,889 after Powell's hints at a rate cut 👇
Ethereum surged sharply following Jerome Powell's speech in Jackson Hole. The price of Ether rose by 15% and updated its historical maximum, rising above $4,889. 💥
Powell's latest speech in Jackson Hole This is almost certainly Powell's last address at the annual symposium — his term ends in May 2026, and the change of the Fed chair is only a matter of time.