Ethereum Shatters Records: Powell’s Dovish Tone Sends ETH to Historic Highs

Ethereum rockets past previous milestones as Federal Reserve signals potential rate cuts—crypto markets erupt in bullish frenzy.

The Powell Effect: How Fed Speech Ignited Crypto Rally

Jerome Powell's hint at accommodative monetary policy sends institutional money flooding into digital assets. Ethereum leads the charge, breaching resistance levels that stood for months.

Technical Breakout Confirms Bullish Sentiment

Trading volumes spike 300% as ETH clears its all-time high. Options markets price in continued upside—because nothing says 'sound monetary policy' like betting your retirement on Fed chairman soundbites.

Smart money positions while retail FOMO kicks in. The pattern repeats: central bank whispers, crypto screams. Traditional finance watches—and keeps collecting those 2% management fees.

Institutional and corporate treasury accumulation boosts Ethereum's narrative

The top altcoin's explosive growth has also been heavily influenced by sustained accumulation from digital asset treasuries (DATs) and institutional investors. 

Since early June, corporate ETH treasuries have acquired nearly 3 million ETH, led by Thomas Lee-backed BitMine Immersion (BMNR) and Joseph Lubin's SharpLink Gaming (SBET), according to data from the StrategicETHReserve.xyz.

On the institutional side, US spot ethereum exchange-traded funds (ETFs) have pulled in over $9 billion since June, nearly three times their lifetime cumulative net inflows before the month, per SoSoValue data.

The trend shift in Ethereum comes on the back of regulatory progress, with the US Securities and Exchange Commission (SEC) providing clarity on liquid staking and the passage of the stablecoin-focused GENIUS Act

Thomas Lee predicts the "financialization of everything," describing Ethereum as "the rails for that future."

Last week, Standard Chartered analysts revised their year-end target for ETH to $7,500, citing institutional demand and regulatory progress.

(This story is breaking news and will be updated shortly)