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Why Is Ethereum Price Rising Today?

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August 23, 2025
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Ethereum price surged by a staggering 12% today, hitting an all-time high at $4,884 earlier today, soon after Fed chair Jerome Powell hinted at interest rate cuts during the September FOMC meeting. As a result, the broader crypto market is showing strength with XRP, Solana (SOL), Dogecoin (DOGE) leading the rally. Soon after Powell’s comments,

The post Why Is Ethereum Price Rising Today? appeared first on CoinGape.

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