Ethereum Price Rallies 3% Ahead of Fed’s Jackson Hole Meeting
Ethereum (ETH) made quite a recovery today, registering more than 3% gains in the daily charts at one point. ETH’s price hit $4368.07 earlier today, but has since fallen to $4301.80. According to CoinGecko’s ETH data, the second-largest crypto by market cap is currently up by 2.9% in the daily charts, 17.5% in the 14-day charts, 16.9% in the monthly charts, and 65.9% since August 2024. Source: CoinGecko Will Ethereum’s Price Gain Steam After The Fed’s Jackson Hole Meeting? Source: Watcher.Guru The Jackson Hole Economic Policy Symposium, or simply the Jackson Hole meeting, is an annual meeting organized by the Federal Reserve Bank of Kansas City. This year, the meeting is scheduled to take place from Aug. 21–23, 2025. The meeting is closely watched by investors as it often gives clues about future policy directions. The discussions of the meeting can influence global markets. Ethereum’s latest price rally comes just ahead of this year’s Jackson Hole me...