Ethereum hits new all-time high of 4,600 USD! Is ‘Uptober’ finally here?

On October 5, 2025, Ethereum surged above 4,600 USD primarily due to optimism surrounding a potential Spot ETF. The DeFi sector’s Total Value Locked is approaching 100 billion USD, highlighting rising institutional interest as investors look to cryptocurrencies as safe assets amidst ongoing economic uncertainties.