On Friday, Ethereum surpassed the $4,800 mark, hitting its highest price since late 2021 and closing in on its record high of $4,878.26.
The cryptocurrency experienced a rapid increase, jumping approximately 9% in under three hours. According to CoinGecko, a significant portion of this surge occurred in just one hour as buying momentum picked up.
The rally also saw Bitcoin rise, reaching $115,739.7, and other digital tokens also advanced. Analysts attribute this broad market climb to strong inflows into cryptocurrency exchange-traded funds (ETFs) and a renewed interest in riskier assets.
August 2025, Cryptoniteuae
📧 The Gulf reads Cryptonite first
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