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🚨 #Ethereum officially surpassed the old peak of $4,870 for the first time since November 2021!
The price #ETH has increased by more than 250% from the low of $1,385 in April.
Fed Chairman Powell signaled a rate cut, boosting money flow into risky assets.
Ethereum ETFs in the US recorded a net inflow of $287.6M, bringing the total AUM to $12.12B.
Large enterprises accumulate an additional $1.6B ETH, raising the total holdings to nearly $30B.
Bitcoin dominance drops below 60%, paving the way for #Altseason.
📈 Many organizations like Standard Chartered have raised their ETH forecast to $7,500 – $13,000 in the coming months.
#Crypto ETH #Ethereum #AltcoinSeason