📈 Ethereum Surge:
Ethereum reached an all-time high on August 23, 2025, following Jerome Powell's speech in Jackson Hole.
Massive institutional inflows contributed to a strong price increase.
Short positions worth $245 million were liquidated, further accelerating the rise.
Ethereum is now competing with Bitcoin's market dominance and attracting more investors.
Options (ETH and BTC) worth $5 billion expired with the speech, providing an additional boost.
Analysts believe this surge could mark the beginning of an altcoin season led by Ethereum.
The price reached $4935
Cryptonews
