No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Ether is More Popular than Bitcoin Right Now — Here’s Why

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
Ether is More Popular than Bitcoin Right Now — Here’s Why
Share on FacebookShare on TwitterShare on LInkedIn


There was plenty of nervousness ahead of Jerome Powell’s speech at the Jackson Hole summit, but one thing is clear: traders liked what they heard.

The Federal Reserve chairman confirmed the central bank will “consider changes to our policy stance” — in other words, indicating interest rates could come soon.

He pointed to a stable unemployment rate and promising economic data as key factors that will allow the cost of borrowing to be reduced. However, inflation continues to be a worry in the wake of Donald Trump’s tariffs.

Powell’s language was deliberately cautious. He warned policymakers will be proceeding carefully in the months ahead, and left himself plenty of wriggle room to change course if required.

But reading between the lines, analysts are now pretty confident that we’ll see the Fed’s base rate tumble by 25 basis points following their meeting next month — marking the first reduction in the U.S. so far this year.

During his final speech as chairman in Jackson Hole, Powell made it clear that his changing outlook had nothing to do with Donald Trump, who has wanted lower interest rates for months and called for the chairman’s resignation.

The president’s response was blunt to say the least, quipping: “We call him ‘Too Late’ for a reason.”

Reaction to Powell’s address was immediate in the crypto markets. Bitcoin immediately vaulted from $112,000 to highs of $117,000, but at the time of writing, it’s settled back down towards $115,000.

24h7d30d1yAll time

The real star of the show in Friday’s rally was Ether. After four years of waiting, the world’s second-largest cryptocurrency finally hit all-time highs on some exchanges, prompting celebration on X. ETH surged by 15% in a little under three hours.

Although that’s certainly an impressive performance, there’s an important note worth adding here: officially, there hasn’t been a new ATH. According to CoinMarketCap, that remains at $4,891.70 — as seen on November 16, 2021. Its data suggests Friday’s peak was just $7.47 off record territory.

Ether wasn’t alone in notching up double-digit returns, either. Solana, Dogecoin, Cardano, Sui, Avalanche and Polkadot also accelerated by more than 10% in a sign that appetite for riskier assets is growing.

24h7d30d1yAll time

An interest rate cut would be significant — for many reasons. It makes government borrowing less expensive, and drives down the cost of everything from mortgages to credit cards. But crucially, it also reduces the return on savings in traditional bank accounts, prompting investors to seek healthier returns elsewhere.

Story Continues

Of course, it wasn’t just the crypto world that was basking in the glow of Powell’s speech. The Dow raced to its first record high of 2025, rising by 846 points in a single trading session. And the S&P 500, which had suffered losses for five days in a row before Friday, closed up 1.52% — its best day in three months. It’s also worth paying close attention to the Nasdaq 100, a tech heavy index, up 1.88%.

Data now suggests there’s an 81% chance of a rate cut from the Federal Open Markets Committee, compared with 75% before Powell’s speech. We’ll find out for sure following their meeting on September 16 and 17.

Beyond the macroeconomic ramifications, the recent price activity exposes a pretty fascinating trend in the crypto markets: Ether seems to be more popular than Bitcoin right now.

Both are available in ETF form on Wall Street. Data from SoSoValue shows BTC products actually suffered outflows of $23 million on Friday. By contrast, ETH funds witnessed inflows of $337.6 million.

Analysts are arguing that exchange-traded funds have played a huge role in dampening Bitcoin’s volatility, meaning smaller cryptocurrencies are more attractive for traders chasing short-term returns. Etherealize founder Vivek Raman told Bloomberg:

“For many traders, the Bitcoin trade has already played out. Ethereum still feels under-owned, more volatile, and more reactive.”

Of course, Bitcoiners would vehemently disagree with this — and many confidently predict that the world’s first cryptocurrency is firmly on a path to $1 million in the next few years — and will eventually surpass the market capitalization of gold.

Given how that would involve a 769% jump from current levels, they assert Bitcoin’s still at an early stage, and the trade has plenty of room left to run. With treasury companies now snapping up coins far faster than they can be mined, it could be argued BTC’s current value doesn’t reflect the very real supply squeeze that’s unfolding.

Read original story Ether is More Popular than Bitcoin Right Now — Here’s Why by Connor Sephton at Cryptonews.com



Source link

Tags: BitcoinEtherHeresPopular
ShareTweetShare
Previous Post

$50M Token Transferred as Ripple Case Ends

Next Post

Back to School Finds on Etsy: Monogrammed Storage Pouch for only $6.82 shipped, plus more!

Related Posts

edit post
YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)

YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)

by TheAdviserMagazine
October 22, 2025
0

YXT.com Group Holding Ltd. (NASDAQ: NASDAQ:YXT) said on Wednesday it has regained compliance with Nasdaq’s minimum bid price requirement after...

edit post
As national debt accelerates to  trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

by TheAdviserMagazine
October 22, 2025
0

The U.S. national debt has surged past $38 trillion, according to the U.S. Treasury Department, just two months after surpassing...

edit post
Pegasystems signals accelerating Pega Cloud momentum with ACV growth and partner-driven AI innovation (NASDAQ:PEGA)

Pegasystems signals accelerating Pega Cloud momentum with ACV growth and partner-driven AI innovation (NASDAQ:PEGA)

by TheAdviserMagazine
October 22, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
Netflix’s blockbuster run loses spark amid valuation jitters

Netflix’s blockbuster run loses spark amid valuation jitters

by TheAdviserMagazine
October 22, 2025
0

Netflix shares fell more than 10% on Wednesday, as the streaming giant's outlook for the coming quarter left investors nonplussed...

edit post
Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

by TheAdviserMagazine
October 22, 2025
0

On this episode of Fortune’s Leadership Next podcast, cohosts Diane Brady, executive editorial director of the Fortune CEO Initiative and Fortune Live...

edit post
Navan to aim for -8b valuation in Nasdaq IPO next week

Navan to aim for $7-8b valuation in Nasdaq IPO next week

by TheAdviserMagazine
October 22, 2025
0

Travel booking company Navan, formerly TripActions, will reportedly hold its IPO on Nasdaq next week at a company valuation...

Next Post
edit post
Back to School Finds on Etsy: Monogrammed Storage Pouch for only .82 shipped, plus more!

Back to School Finds on Etsy: Monogrammed Storage Pouch for only $6.82 shipped, plus more!

edit post
Retail rush into speculative ETFs may be flashing market warning

Retail rush into speculative ETFs may be flashing market warning

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

0
edit post
Financial infidelity hurts, but there are ways to get past it

Financial infidelity hurts, but there are ways to get past it

0
edit post
8 Best Investments for Retirement

8 Best Investments for Retirement

0
edit post
Tech Mahindra on track to improve margin but macro challenges linger

Tech Mahindra on track to improve margin but macro challenges linger

0
edit post
After achieving profitability, Austrian firm refurbed raises €50M funding 

After achieving profitability, Austrian firm refurbed raises €50M funding 

0
edit post
Interventional Ultrasound Market Analysis: Key Drivers and Challenges

Interventional Ultrasound Market Analysis: Key Drivers and Challenges

0
edit post
XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum

October 22, 2025
edit post
Shutdown hits breakaway advisors starting RIAs

Shutdown hits breakaway advisors starting RIAs

October 22, 2025
edit post
YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)

YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)

October 22, 2025
edit post
As national debt accelerates to  trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

October 22, 2025
edit post
Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

Willow Processor Maps Molecules 13,000x Faster Than Supercomputer: Google

October 22, 2025
edit post
Alleged loan fraud is frustrating but isolated

Alleged loan fraud is frustrating but isolated

October 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Derivatives Expand on Bybit—Futures and Options Fuel Market Momentum
  • Shutdown hits breakaway advisors starting RIAs
  • YXT regains compliance with Nasdaq’s minimum bid price requirement (YXT:NASDAQ)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.