Ether Cryptocurrency Price Rises to New Record High at Over $3,600 as Investors Divert Focus From Bitcoin
Ether Cryptocurrency Price Rises to New Record High at Over $3,600 as Investors Divert Focus From Bitcoin
Ether is up more than 385 percent this year, compared with 96 percent for Bitcoin.
By Reuters | Updated: 7 May 2021 11:17 IST
Photo Credit: Reuters
Highlights
The cryptocurrency token is traded over the Ethereum blockchain
Ether topped $3,000 for the first time on Monday
Ether, the world's second-largest cryptocurrency after Bitcoin, on Thursday extended a breakaway rally to a new record high of $3,616.10 (roughly Rs. 2,66,400), gathering momentum as investors diverted focus from its main rival.