Quick Highlights Ethereum hits ATH at $4,956 before slight pullback below $4,700 ETH/BTC breaks 11-month high at 0.043 BTC showing relative strength Fed rate cut speculation sparks crypto market rally across assets ETH Hits $4,956 ATH Amid Strong Market Momentum On the evening of August 24, 2025, Ethereum (ETH) hit a new all-time high (ATH) of $4,956, according to 0 spike came amid heightened investor interest and positive macroeconomic 1 after touching the peak, the price experienced a minor pullback but remained in a strong 2 the time of writing, ETH is trading just below $4,608, reflecting a 8.1% gain over the past week. Notably, Ethereum priced in Bitcoin has also reached a milestone, hitting 0.043 BTC, its highest value since September 3 shift indicates growing strength in Ethereum relative to Bitcoin, a potential sign that ETH is no longer as undervalued as 4 development reinforces the bullish trend for Ethereum and could hint at a larger market rotation in favor of 5 Is Ethereum Surging in August 2025?
The rapid climb in ETH’s value appears to be fueled by several key factors: A hawkish-to-dovish pivot from the Federal 6 August 22, Chairman Jerome Powell suggested that interest rate cuts may be on the table, sparking renewed risk appetite across markets. A resurgence of investor interest in Ethereum’s ecosystem ahead of anticipated upgrades and rollouts. Bitcoin’s dominance waning, giving altcoins like Ethereum room to outperform. Meanwhile, market volatility remains 7 the same day, daily liquidations surpassed $684 million, primarily from long positions in ETH and BTC, according to 8 suggests a turbulent yet highly active market.
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