Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee's Massive ETH Treasury Bet and Fed Rate Cut Hopes

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Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee's Massive ETH Treasury Bet and Fed Rate Cut Hopes

coindesk.com/markets/2025/08/12/ether-pumps-to-5-year-high-near-usd4-5k-alongside-tom-lee-s-massive-eth-treasury-bet-and-fed-rate-cut-bets

has climbed 5% in the past 24 hours to $4,470, its highest price since December 2021.
Helping the bullish action in crypto in general was Tuesday morning's Consumer Price Index report. While the data was mixed and inflation remains above the Federal Reserve's 2% target, market…

This story appeared on coindesk.com, 2025-08-12 16:09:09.