{"content":"Ethereum Reaches New All-Time High Following Powell’s Speech Ethereum surged to a fresh all-time high today, sparked by Federal Reserve Chair Jerome Powell’s recent speech at Jackson Hole. This significant catalyst, combined with strong institutional inflows, is enabling Ethereum to increasingly challenge Bitcoin’s market dominance. After a period of volatility marked by large institutional investments on one side and trader liquidations on the other, Ethereum’s price saw a decisive push upward. Notably, $245 million in ETH short positions were liquidated as ETH climbed to its new peak. Contributing factors include the expiration of $5 billion worth of ETH and BTC options around the time of Powell’s speech, amplifying market momentum. Analysts and platforms like CoinMarketCap are now forecasting a possible altcoin season, with Ethereum positioned as a clear leader. With these dynamics in play, Ethereum’s momentum looks strong, and the token may continue to push beyond its latest all-time high. $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) #FamilyOfficeCrypto #ETH #BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/22/cbd4b4c8319280108b892dafcb5843e2.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}