Cryptocurrency ether rises to new record high over $3600 – Reuters
- Date: 07-May-2021
- Source: Reuters
- Sector:Technology
- Country:Middle East
Cryptocurrency ether rises to new record high over $3600 – Reuters
Ether , the world's second-largest cryptocurrency after bitcoin , on Thursday extended a breakaway rally to a new record high of $3,616.10, gathering momentum as investors diverted focus from its main rival.
On the Bitstamp Exchange ether was last up about 4.0% at $3,568.92. Bitcoin was down 0.3% at $57,353.03 and about 11% below its record intraday high at $64,895.22 set on April 14.
Ether, the token traded over the ethereum blockchain, topped $3,000 for the first time on Monday. It is up more than 385% this year, compared with 96% for bitcoin.