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BSCN·2025-08-25 05:45
ETHEREUM HITS NEW ALL-TIME HIGH — HERE’S WHY- Ethereum $ETH surged past its previous record of $4,867, setting a new high of $4,946 on August 24, 2025.- The catalyst came from Jerome Powell’s Jackson Hole speech, where he hinted the Federal Reserve could cut interest rates next month. That one signal crushed leveraged shorts. $120M in ETH short positions were liquidated within an hour.- Market momentum added fuel. Public firms holding ETH like Bitmine Immersion (+12%) and SharpLink Gaming (+15%) surged, whi ...