ETH Price Soars to $4,956 Breaking All-Time Record

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 TradingView. The spike came amid heightened investor interest and positive macroeconomic signals. Shortly after touching the peak, the price experienced a minor pullback but remained in a strong uptrend.

At 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 2024. This shift indicates growing strength in Ethereum relative to Bitcoin, a potential sign that ETH is no longer as undervalued as before.

This development reinforces the bullish trend for Ethereum and could hint at a larger market rotation in favor of altcoins.

Why 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 Reserve. On 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 elevated. On the same day, daily liquidations surpassed $684 million, primarily from long positions in ETH and BTC, according to CoinGlass. This suggests a turbulent yet highly active market.