Ethereum Price Breaks All-Time High — Analyst Sets $7,000 As Next Target
August 24, 2025 · 1:00 AM
On August 22, the cryptocurrency market surged following a positive speech from US Federal Reserve Chairman Jerome Powell, with Ethereum (ETH) leading the gains, rising over 14% and surpassing its previous all-time high of $4,878. Joao Wedson, CEO of Alphractal, predicted that if ETH breaks this record, it could enter a re-accumulation phase, potentially reaching prices between $7,000 and $7,500.
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