Ether Likely to Top $5K, BTC Eyes Record High as Powell Sparks Rally; Watch for DAT Deal Risks: Asset Managers

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Ether Likely to Top $5K, BTC Eyes Record High as Powell Sparks Rally; Watch for DAT Deal Risks: Asset Managers

coindesk.com/markets/2025/08/23/ether-likely-to-top-usd5k-btc-eyes-record-high-as-powell-sparks-rally-watch-for-dat-deal-risks-asset-managers

Cryptocurrencies surged late Friday after Federal Reserve President Jerome Powell struck a dovish tone at the Jackson Hole economic symposium, defying market expectations for a more hawkish stance. That has prompted asset managers to call for new all-time highs for bitcoin (BTC), ether…

This story appeared on coindesk.com, 2025-08-23 05:15:06.