#ETHBreaksATH Ethereum is close to surpassing its all-time high, currently trading around $4,800, just 1% below its record price of $4,868 set in 2021. A recent increase in the price of Ethereum was triggered by dovish comments from U.S. Federal Reserve Chairman Jerome Powell, indicating potential interest rate cuts as early as September. This has sparked optimism among investors, with some predicting that Ethereum could reach $5,000 if it convincingly surpasses its current all-time high.¹

*Current Price:*

- $4,800.83 (according to Finnhub, as of August 23, 2025, 8:58 PM AST)

- $4,770.78 (according to CoinGecko, with a 1.2% increase in the last 24 hours)² ³

*Key Factors Influencing the Price of Ethereum:*

- *Federal Reserve Policy:* Potential interest rate cuts could increase investors' appetite for high-growth assets like Ethereum.

- *Market Sentiment:* Investors are optimistic about Ethereum's prospects, citing its strong ecosystem, staking yields, and the potential approval of ETFs.