Ethereum hits multi-year high above $4,500 amid ramping corporate, institutional interest

Ethereum (ETH) climbed over 5% on Aug. 12 to a multi-year high above $4,500, marking its highest price since December 2021. The increase coincided with corporate treasury purchases, record inflows into U.S. spot exchange-traded funds (ETFs), and growing expectations that the Federal Reserve will lower interest rates at its September policy meeting. The latest price The post Ethereum hits multi-year high above $4,500 amid ramping corporate, institutional interest appeared first on CryptoSlate.