🚀|| Ethereum Smashes Records: ETH Soars Past $4,870 as Fed Turns Dovish & ETF Inflows Surge !



Ethereum (ETH) has made history once again, crossing above $4,870 for the first time since November 2021. This rally is not just about price action—it signals a major turning point in the global crypto market, fueled by dovish signals from the Federal Reserve, renewed institutional inflows, and booming treasury adoption.

---

✦ ETH Skyrockets 250% From April Lows

Ethereum has staged a stunning recovery, climbing more than 250% since its April bottom of $1,385. On Friday, ETH spiked 14% in a single day after Fed Chair Jerome Powell hinted at a possible rate cut in September, injecting optimism across risk markets.

Powell’s message was clear: the Fed is leaning toward easing monetary policy. Looser liquidity often strengthens demand for risk assets like Ethereum, creating a perfect backdrop for a rally.

---

◆ Institutional Inflows Return – ETH ETFs See Billions

After days of outflows, Ethereum ETFs roared back to life, attracting $287.6 million in a single day on August 21. Collectively, ETH ETFs now manage over $12.1 billion in assets.

This renewed inflow underscores that institutional investors are increasingly confident in ETH’s long-term value, treating it less as a speculative play and more as a reserve-grade digital asset.

---

▶ Corporate Treasuries Bet Big on Ethereum

Ethereum is rapidly becoming the go-to treasury asset for forward-looking companies. Firms like BitMine, SharpLink, Bit Digital, BTCS, and GameSquare collectively acquired over $1.6 billion in ETH in the past month.

Their holdings now exceed $29.7 billion, reinforcing Ethereum’s role as a utility-rich, strategically vital reserve currency.

---

✦ Analysts Raise ETH Targets: $7,500 to $25,000

Global banks and analysts are upgrading their ETH forecasts. Standard Chartered now sees $7,500 by year-end and up to $25,000 by 2028.

Other analysts project Ethereum could surge as high as $13,000 in the coming months, citing strong ETF flows, corporate adoption, and DeFi expansion as unstoppable demand drivers.

---

◆ Altseason Alert: Bitcoin Dominance Falls Below 60%

Ethereum’s rally coincides with a sharp decline in Bitcoin’s market share, which has fallen below 60% for the first time since March.

Capital is rotating into altcoins, with ETH leading the charge. Ethereum-focused funds attracted $2.86 billion in a single week—far outpacing Bitcoin’s $552 million inflows. On a monthly basis, ETH funds swelled by nearly $3 billion, while BTC saw net outflows.

---

🔥 Closing Outlook – Ethereum’s Perfect Storm

Ethereum’s surge past its 2021 all-time high is more than a milestone—it’s a signal of structural change in the crypto landscape.

With dovish monetary policy, surging ETF inflows, corporate treasury adoption, and declining Bitcoin dominance, Ethereum is entering a new golden era of institutional trust and mass adoption.

👉 The stage is set for ETH to not just reclaim its dominance, but potentially become the core reserve asset of the digital age.

💎 The question now isn’t if ETH will break $5,000—it’s how high this rally will go.

---$BTC $ETH

#Token of Love: Cheer on Square & Win Tickets# #Crypto Market Rebound# #FOMC July Minutes#
SOL-3.06%
GT-1.73%
BTC-2.65%
ETH-2.47%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-3bc604c5vip
· 08-23 18:50
Base ecosystem Spotlights last 24h 🔵👇

🚀 Top gainers:
🔹 $ROCKET @airocket_agent
🔹 $FLOCK @flock_io
🔹 $TOBY @toadgod1017
🔹 $SOLACE @Solacelaunch

📈 Most traded:
🔹 $AERO @AerodromeFi
🔹 $VIRTUAL @virtuals_io
🔹 $BRETT @BasedBrett
🔹 $KAITO @KaitoAI

💰 Trending:
🔹 $ZORA @zora
🔹 $VADER @Vader_AI_
🔹 $AERO @AerodromeFi
🔹 $WIRE @717CapitalAI
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)