Crypto

Ethereum Hits 4-Year High at 4950 After Powell Rate Cut Hints

Guavy AI Editorial Team Published October 23, 2026

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Ethereum has achieved a new milestone, surpassing its previous all-time high from November 2021 by reaching $4,950. The surge came after Federal Reserve Chair Jerome Powell suggested potential interest rate cuts, sparking a 15% rally in the cryptocurrency. Powell's dovish remarks at Jackson Hole…

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