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Reading: Ethereum falls 6.38% after hitting record high on Monday — Here’s what experts think | Stock Market News
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Crypto News

Ethereum falls 6.38% after hitting record high on Monday — Here’s what experts think | Stock Market News

Last updated: August 26, 2025 12:30 am
Published: 8 months ago
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Crypto news today: The cryptocurrency benchmark token, Ethereum, hit its all-time high level on Monday’s crypto market session as the digital token reached $4,953.73 on 25 August 2025, according to the market data collected from CoinMarketCap.

Experts on Monday attributed Ethereum’s surge to the overall market optimism about an interest rate cut from the US Federal Reserve, as Chairman Jerome Powell dropped some hints of a potential September rate cut in his Jackson Hole speech.

“Ethereum reached a new all-time high today, while Bitcoin held firm at key support levels, leaving traders closely watching for signs of either a breakout or a potential pullback,” said Maradiya.

The expert also highlighted that, at a macro level, crypto market sentiment is heightened due to anticipation of the US Federal Reserve’s upcoming September meeting. Himanshu Maradiya attributed the token’s recent rise to optimism about a potential key interest rate cut in the US economy.

“At the macro level, market sentiment is being shaped by heightened discussion around the U.S. Federal Reserve’s upcoming September meeting. The recent surge in optimism regarding potential rate cuts has lifted risk appetite, though excessive euphoria could also signal a short-term top,” said the crypto market expert.

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