{"id":7812,"date":"2025-08-25T09:02:14","date_gmt":"2025-08-25T09:02:14","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/25\/ethereum-breaks-2021-record-before-cooling-3-5-whats-driving-the-crypto-rally-cryptocurrency-news\/"},"modified":"2025-08-25T09:02:14","modified_gmt":"2025-08-25T09:02:14","slug":"ethereum-breaks-2021-record-before-cooling-3-5-whats-driving-the-crypto-rally-cryptocurrency-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/25\/ethereum-breaks-2021-record-before-cooling-3-5-whats-driving-the-crypto-rally-cryptocurrency-news\/","title":{"rendered":"Ethereum Breaks 2021 Record Before Cooling 3.5%; What’s Driving The Crypto Rally? | Cryptocurrency News"},"content":{"rendered":"


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ETH spiked sharply after US Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, sending the token up nearly 8% within an hour.<\/h2>\n
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\"Ethereum<\/p>\n

Ethereum has surged to fresh heights just two days after breaking past its all-time high set nearly four years ago.<\/p>\n<\/figure>\n

Ethereum has surged to fresh heights just two days after breaking past its all-time high set nearly four years ago. The world\u2019s second-largest cryptocurrency on Sunday touched $4,948, according to CoinMarketCap, before falling by nearly 3.5% to trade at $4,606 at 2:15 pm on Monday.<\/p>\n

The recent rally follows Ethereum\u2019s breakout above its previous record of $4,878 from November 2021. On Friday, ETH spiked sharply after US Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, sending the token up nearly 8% within an hour. By late Friday, Ethereum was trading 15% higher on the day, pushing past its long-standing peak.<\/p>\n

Multiple tailwinds have fuelled Ethereum\u2019s run. US spot Ethereum ETFs recently drew over $1 billion in daily inflows for the first time since their debut last year, outperforming Bitcoin ETFs in recent weeks. Corporate treasuries have also been active buyers: BitMine Immersion now holds over $7 billion worth of ETH, while SharpLink Gaming has accumulated more than $3.6 billion.<\/p>\n

Regulatory clarity has added to the momentum. The US Securities and Exchange Commission (SEC) has allowed liquid staking providers to distribute rewards without requiring agency registration, a notable shift from the earlier restrictive stance under President Trump. Meanwhile, the passage of the GENIUS Act has introduced a stablecoin framework\u2014significant given that most dollar-pegged stablecoins run on the Ethereum blockchain.<\/p>\n

Raj Karkara, chief operating officer of ZebPay, said, \u201cCrossing an all-time high of above $4,900 is not just a milestone for Ethereum; it\u2019s a testament to the robustness of the underlying network and the accelerating adoption of decentralised applications. This achievement reflects growing institutional confidence, the maturation of Layer 2 scaling solutions, and the efficiency gains delivered by the Merge, subsequent upgrades, and the upcoming Fusaka upgrade which will enhance data availability and scalability through innovations like PeerDAS.”<\/p>\n

As the ecosystem continues to expand with innovations such as rollups and on-chain liquidity protocols, we are witnessing Ethereum cement its position as the foundational layer for Web3. The price action underscores the market\u2019s recognition of its utility-driven value proposition and long-term scalability, he added.<\/p>\n

Bitcoin Price Today<\/strong><\/p>\n

BTC crossed $117,000 on late Friday after Federal Reserve Chair Jerome Powell hinted at a potential September interest rate cut during his speech at Jackson Hole. After that prices trended lower, eventually breaking below the $114,000 area.<\/p>\n

\u201cA sharp flush later drove BTC down to the $112,000 zone before buyers stepped in, helping the market recover modestly back toward $113,300. ETH hit a fresh all-time high on Friday, breaking its nearly four-year record by crossing the $4,920 mark. It has since pulled back slightly and is now trading near $4,750, though it remains up 9.3% over the past week,” according to CoinSwitch Markets Desk.<\/p>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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Last Updated:August 25, 2025, 14:20 IST ETH spiked sharply after US Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, sending the token up nearly 8% within an hour. Ethereum has surged to fresh heights just two days after breaking past its all-time high set nearly four years ago. Ethereum has surged to…<\/p>\n","protected":false},"author":1,"featured_media":6042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-7812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/7812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=7812"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/7812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/6042"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=7812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=7812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=7812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}