Ether the world's second largest cryptocurrency hit a all time high on Friday, a little over a week after larger rival bitcoin set its own record. The token, which underpins the ethereum blockchain network, rose as much as 2.6 per cent to $4,400 in Asian hours, breaching the previous top of $4,380 set May 12.
Cryptocurrency markets have rallied sharply in recent weeks, and ether is up over 60 per cent since its late September trough.
Bitcoin, which hit its record high of $67,016 on October 20 was last 1.4 per cent higher at $61,457, up about 50% since late September.
Among the biggest recent movers in cryptocurrencies however, is meme-based cryptocurrency
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