Through the blood of the everlasting covenant; these words are best connected with the preceding part of the verse. It was by virtue of the expiatory blood of Christ, by which he ratified the everlasting covenant of grace, that God raised him from the dead and exalted him to universal dominion. The question here is not one of mere power, but of fitness. It was meet that, in view of his propitiation for the sins of the world through the bloody death of the cross, God should exalt him, as he did by his resurrection and ascension to heaven. Compare Philippians 2:9-11.

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Old Testament