Ether is more popular than Bitcoin now – this is the reason star-news.press/wp

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Connor Sevetton

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Connor Sevetton

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Connor Cefton is a London -based journalist, and also works in Sky News and BBC as a radio news and online reporter. Since 2018, encryption has covered a report from the main conferences …

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Elena Bozkova

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Elena Bozkova

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Elena is the bullet features on Cryptonews.com. With a master’s degree in scientific journalism from City University, London, it is excited to explore complex themes in the world of technology.

Last update:

August 23, 2025

There was a lot of nervousness before Jerome Powell’s speech at the Jackson Hall summit, but there is one clear thing: merchants loved what they heard.

The President of the Federal Reserve confirmed that the central bank “will consider changes in our position on politics” – in other words, indicating that interest rates may come soon.

He referred to the stable unemployment rate and promising economic data as major factors that allow reducing the cost of borrowing. However, inflation is still a concern in the wake of Donald Trump’s tariff.

Powell was deliberately cautious. He warned of politicians not to possess carefully in the coming months, and left himself a lot of sparkling spaces to change the path if necessary.

But reading between the lines, analysts are now quite confident that we will see the basic interest rate of full moon by 25 basis points after their meeting next month – on the occasion of the first reduction in the United States so far this year.

During his recent speech as president of Jackson Hall, Powell explained that his changing view has nothing to do with Donald Trump, who wanted lower interest rates for months and called for the president’s resignation.

The president’s response was explicit at the very least, hearing: “We call it” very late “for some reason.”

The reaction to the Powell address was immediately in the encryption markets. Bitcoin immediately accepted from $ 112,000 to levels above $ 117,000, but at the time of writing this report, it was settled about $ 115,000.

The real star of the show was on the rally on Friday. After four years of waiting, the second largest encrypted currency in the world finally reached its highest level ever in some exchanges, prompting the celebration of X. ETH by 15 % in less than three hours.

Although this is definitely an impressive performance, there is an important note worth adding here: officially, there He did not ATH was new. According to Coinmarketcap, this is still 4,891.70 dollars – as shown on November 16, 2021. Its data indicate that Friday’s peak was only $ 7.47 from the registration zone.

Ether was not alone in obtaining dual digital returns, either. Solana, Dukwin, Cardano, Soy, Avalinch and Polkadot accelerated more than 10 % in a sign that the appetite for the most dangerous assets grows.

Reducing the interest rate will be important – for many reasons. It makes government borrowing less expensive, and reduces the cost of everything from mortgages to credit cards. But decisively, it also reduces the return on savings in traditional bank accounts, pushing investors to search for healthy returns elsewhere.

Of course, the encryption world was not only the one who was burning in the glow of Powell’s speech. DOW raced to its highest level in 2025, as it rose by 846 points in one trading session. The S&P 500, who suffered five -day losses in a row before Friday, closed by 1.52 % – his best day in three months. It also deserves the close interest in Nasdaq 100, a heavy technology indicator, an increase of 1.88 %.

Data now indicates an 81 % chance to reduce a rate of the Federal Open Markets Committee, compared to 75 % before Powell’s speech. We will definitely discover after their meeting on September 16 and 17.

Besides the repercussions of the macroeconomic, the last price activity displays a very great trend in the encryption markets: the ether appears to be more popular than Bitcoin at the present time.

Both are available in ETF shape in Wall Street. Data from Sosovalue shows that BTC products have already suffered from $ 23 million outfits on Friday. In contrast, ETH boxes have seen $ 337.6 million flows.

Analysts argue that the boxes circulated on the stock exchange played a major role in alleviating bitcoin fluctuations, which means that smaller cryptocurrencies are more attractive to traders chasing short -term returns. The founder of Etherealize Vivek Raman said Bloomberg:

“For many traders, I have already played Bitcoin.

Of course, Bitcoiners does not agree with this – and many expect with confidence that the first encrypted currency in the world is firmly on a road to one million dollars in the next few years – and they will eventually exceed the market value of gold.

Looking at how this involves a 769 % jump of current levels, it confirms that bitcoin is still in an early stage, and trade has a large space for running. Since the treasury companies that are now stepping the coins are much faster than it can be extracted, it can be said that the current value of BTC does not reflect the very real width pressure that reveals.