The post ‘Powerful’: Legendary Trader Peter Brandt on New Ethereum ATH appeared on BitcoinEthereumNews.com. Old-school commodity trader Peter L. Brandt, who has been in the trading business since the mid-1970s, and is now also into Bitcoin, has commented on the new historic price peak. He has many times criticized ETH but admitted that, as a trader, he would still trade it, regardless of his attitude to it as an asset. You Might Also Like “Powerful” ETH surge to new ATH Sharing an X post by an X user, Cheds Trading, which contains a breakout pattern of ETH on a TradingView chart, Brandt wrote just a single word: “Powerful.” The second-largest cryptocurrency shows a 15%+ price surge within a single day, jumping from $4,238 to $4,885 and thus hitting a new historic price peak. The previous one was reached in November 2021. This time, Ethereum logged a massive surge after the head of the Federal Reserve, Jerome Powell, announced that a rate cut would take place next month. The crypto market reacted immediately. However, the Bitcoin dominance slipped to 56.5% and Ethereum smashed a new all-time high. At press time, Ethereum is trading at $4,739. As for BTC, it also went up, adding 4.6% and hitting $117,420 thanks to a massive green candle. By now, Bitcoin has slightly rebounded and is changing hands at $115,700. Coinbase CEO, Brian Armstrong, also highlighted the new historic price surge demonstrated by Ethereum, posting a tweet about this and congratulating the community. Happy ETH all time high to all those that celebrate! — Brian Armstrong (@brian_armstrong) August 22, 2025 Source: https://u.today/powerful-legendary-trader-peter-brandt-on-new-ethereum-athThe post ‘Powerful’: Legendary Trader Peter Brandt on New Ethereum ATH appeared on BitcoinEthereumNews.com. Old-school commodity trader Peter L. Brandt, who has been in the trading business since the mid-1970s, and is now also into Bitcoin, has commented on the new historic price peak. He has many times criticized ETH but admitted that, as a trader, he would still trade it, regardless of his attitude to it as an asset. You Might Also Like “Powerful” ETH surge to new ATH Sharing an X post by an X user, Cheds Trading, which contains a breakout pattern of ETH on a TradingView chart, Brandt wrote just a single word: “Powerful.” The second-largest cryptocurrency shows a 15%+ price surge within a single day, jumping from $4,238 to $4,885 and thus hitting a new historic price peak. The previous one was reached in November 2021. This time, Ethereum logged a massive surge after the head of the Federal Reserve, Jerome Powell, announced that a rate cut would take place next month. The crypto market reacted immediately. However, the Bitcoin dominance slipped to 56.5% and Ethereum smashed a new all-time high. At press time, Ethereum is trading at $4,739. As for BTC, it also went up, adding 4.6% and hitting $117,420 thanks to a massive green candle. By now, Bitcoin has slightly rebounded and is changing hands at $115,700. Coinbase CEO, Brian Armstrong, also highlighted the new historic price surge demonstrated by Ethereum, posting a tweet about this and congratulating the community. Happy ETH all time high to all those that celebrate! — Brian Armstrong (@brian_armstrong) August 22, 2025 Source: https://u.today/powerful-legendary-trader-peter-brandt-on-new-ethereum-ath