The cryptocurrency Ethereum has reached a new all-time high, surpassing the $4956 mark on the evening of August 24, 2025. This is the second record price update for ETH in the past week: the previous high was recorded on August 22, when the coin’s value exceeded $4880.
This is reported by Finway
Price Dynamics and Market Factors
After reaching the new peak, the price of ETH has partially retraced and is currently trading below $4700. Over the past week, the price has risen by 4.6%. The growth trend is supported by increased activity from institutional investors and expectations of a loosening of the monetary policy by the U.S. Federal Reserve.
The all-time high was also recorded in the ETH/BTC pair: the Ethereum price against Bitcoin reached 0.043 BTC, marking the highest level since September 2024. This indicates a gradual reduction in the undervaluation of ETH relative to the leading cryptocurrency.
Market Volatility and Reasons for Growth
Active price fluctuations in the cryptocurrency market have led to a significant increase in the liquidation volumes of futures positions: within a day, this figure exceeded $684 million, primarily due to the closing of long positions in Bitcoin and Ethereum.
“The current rise in the price of Ethereum is likely driven by several factors. The price jump on Friday, August 22, was triggered by a speech from Federal Reserve Chair Jerome Powell, who hinted at the possibility of a rate cut.”
Additional market momentum has been provided by significant inflows of investments into spot Ethereum ETFs, as well as the activity of large players replenishing their ETH reserves. The combination of these factors has contributed to the establishment of a new price record and strengthened Ethereum’s position in the market.