Ethereum Soars to New Heights as Market Sentiment Shifts

The cryptocurrency market is experiencing a flurry of activity, with Ethereum surpassing $4,400 and nearing new highs. While Bitcoin remains above $119,000, the momentum behind altcoins like Ethereum is drawing attention. Market analysts suggest this rally could be fueled by the expansion of DeFi applications and growing institutional interest. Key takeaways include a technical breakthrough in Ethereum’s price action and varying opinions from Federal Reserve members on future monetary policy.