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Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In

Summary by NewsBTC
Ethereum is entering a decisive phase in its bull cycle, pushing into fresh highs after finally breaking above its 2021 all-time high of $4,860. The move comes as bulls regained full control of the market following a remarkable 14% surge on Friday, marking one of the strongest single-day performances of the year. The rally was ignited by remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. In his speech, Powell hinted …
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NewsBTC broke the news in on Saturday, August 23, 2025.
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