Ethereum updated its historical maximum of $4,889 after Powell's hints at a rate cut ๐Ÿ‘‡
Ethereum surged sharply following Jerome Powell's speech in Jackson Hole. The price of Ether rose by 15% and updated its historical maximum, rising above $4,889. ๐Ÿ’ฅ
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Powell's latest speech in Jackson Hole This is almost certainly Powell's last address at the annual symposium โ€” his term ends in May 2026, and the change of the Fed chair is only a matter of time.