Ethereum Surges Beyond $4,500 Amidst Easing Inflation and Growing Market Confidence

Ethereum’s price has surged past the $4,500 mark, reflecting growing investor confidence fueled by easing US inflation. The token is seeing a significant increase in trading volume, exceeding $2.55 during early Asian trading hours. This move comes as market expectations for a potential Federal Reserve rate cut this month further bolster XRP’s upward momentum.