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Here’s why crypto set the market on fire on Friday

undefined 26, 2025

Here’s why crypto set the market on fire on Friday

Source: gizmodo

Cryptocurrency markets surged after Fed Chair Jerome Powell hinted at possible interest rate cuts, boosting investor optimism. Ethereum hit a record $4,885, Solana surpassed $200, and Bitcoin rose to $114,700. Stocks also rallied, with the Dow gaining over 800 points and the S&P 500 up 1.5%. The rally was driven by institutional investors seeking higher-risk assets amid potential monetary easing. Analysts see further gains for Ethereum and other cryptos if momentum continues.

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