Crypto markets experienced a surge following comments by Federal Reserve Chair Jerome Powell regarding potential interest rate cuts. Powell signaled a possible shift in U.S. monetary policy during his speech at the Jackson Hole symposium, which influenced investor sentiment and sparked gains across various crypto assets. 🎧 📈 💰 💻 Ethereum’s price soared to a record high after Powell hinted at easing monetary policy, driving a significant rise in both crypto markets and overall market capitalization. 📈 🚀 Investors reacted enthusiastically, with Ethereum prices climbing by as much as 13–15% within just 24 hours. This rally propelled ETH past its previous all-time highs and impacted the performance of other major cryptocurrencies. 📈 🏆 The influence of Powell’s comments highlights the interconnectedness between traditional and crypto markets, where monetary policy changes can significantly impact investor sentiment and market activity. 🌎🤝 This pattern has been observed in past instances, with similar announcements from the Fed often leading to increased risk appetite, driving altcoins like Ethereum into greater popularity among investors. 🙌 Historical examples such as the July 2021 rate indications further support this trend, illustrating how these announcements typically trigger significant capital flows into crypto assets and boost both trading activity and market capitalization. 📈💸 💰