Ethereum Surges Past $4,200, Boosting Crypto Market by $200 Billion

The cryptocurrency market witnessed a significant surge as Ethereum (ETH) surpassed the $4,200 mark on August 9–10, 2025. This price jump propelled the market cap by over $200 billion, driven by substantial institutional buying and large-scale whale activity. Expert analysts attribute this rise to increasing institutional interest and improved regulatory clarity, solidifying Ethereum’s position as a central force in the cryptocurrency market. Key figures like Vitalik Buterin saw their fortunes surge, while major firms continued to invest heavily, driving significant market changes.