Why Is Ethereum Price Rising Today?

Ethereum price surged by a staggering 12% today, hitting an all-time high at $3,884 earlier today, soon after Fed chair Jerome Powell hinted at interest rate cuts during the September FOMC meeting. As a result, the broader crypto market is showing strength with XRP, Solana (SOL), Dogecoin (DOGE) leading the rally. Soon after Powell’s comments,

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