ETH hits new all-time high above $4,870 as Fed turns dovish, Ether ETF inflows resume

ETH broke above its November 2021 record high, and analysts say a dovish Federal Reserve and institutional adoption will send Ether well above $5,000.

Key takeaways:

Ethereum has rebounded by over 250% from its April lows.

Fed Chair Jerome Powell’s dovish stance is fueling the ETH price rally.

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