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Ether Soars to All-time-high Above $4.4K, Gains Reach up to 3.5%
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blockchain.news.Ether soared to a record above $4,400 Friday, gaining as much as 3.5% to $4,403.93, topping the previous record of $4,379.62 reached in May.
According to data from CoinGecko.com, Ether is now worth about $520 billion. The digital asset went up on bullish sentiment surrounding an upgrade to the Ethereum network and rival Bitcoin’s recent rally to a high of its own.
The second-largest cryptocurrency’s latest achievement comes as the digital token has far outperformed Bitcoin throughout this year. Ether beat Bitcoin with a sixfold increase amid surging retail and institutional investor interest.
Following the debut of the first Bitcoin-linked exchange-traded fund in the U.S., the cryptocurrency rose some 40% this month to peak a record of
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