Recent Major Updates:

1. Current Ethereum Price

• The current price according to the price tool: $4,774.28, with a slight change compared to the opening.

2. New Historical Price in August 2025

• On August 24, 2025, Ethereum recorded a new all-time high of $4,945.60, with market capitalization nearing $600 billion, driven by institutional entry, support from ETFs, and investor momentum .

3. Reasons for Recent Price Surge

• Details indicate a sharp rise following the remarks by the Federal Reserve Chair at the Jackson Hole Summit, which boosted expectations for interest rate cuts. This led to a 14% jump in ETH price to around $4,845, with high levels recorded during the session  .

4. Recent Price Volatility

• Before this surge, on August 20, the price of Ethereum was stable around $4,100 with some concerns about the declining momentum of the global cryptocurrency market  .

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