Omar Marques | Lightrocket | Getty ImagesThe price of ether smashed through its 2021 record on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode.The second-largest cryptocurrency surged 15% late Friday, rising as high as $4,885.00 and surpassing its November 2021 record of $4,866.01.Bitcoin rose 4% to $117,008.29.Stock Chart IconStock chart iconEther (ETH) bounces after Powell's Jackson Hole speechThe moves came during Powell's a...