Ethereum Jumps to New Record Price in Move Towards $5,000
Ethereum has surged above the $4,900 mark, surpassing its previous all-time high of $4,878 set in November 2021. As of August 24, 2025, Ethereum reached $4,948 according to some sources, rising about 4% in a single day. This latest surge follows positive remarks from Federal Reserve Chair regarding potential interest rate cuts, which spurred an increase in Ethereum’s price by nearly 8% in just an hour. Public interest in Ethereum-related financial products, such as U.S. spot Ethereum ETFs, has also surged recently, with substantial accumulations by prominent investors. The growing support from public companies and clearer regulatory guidance on staking and stablecoins have further boosted Ethereum's outlook. Analysts predict a potential rise to $10,000 or more by 2025, reflecting strong market optimism.
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