By Eric Lam and Crystal Kim Ether, the second-largest cryptocurrency, soared to a record above $4,400 Friday on bullish sentiment surrounding the most used blockchain network. The digital asset gained as much as 4.8% to $4,459.20, topping the previous record of $4,379.62 in May. The token traded around $4,387 as of 2:41 p.m. in New York. Other tokens including Binance Coin and Solana rallied. Ether is now worth more than $520 billion, according to data from CoinGecko.com.
Presented ByDid you Know?
In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender
View Details »Ether’s latest milestone comes as the digital token has far outperformed Bitcoin throughout this year with a sixfold increase amid
Read more on economictimes.indiatimes.com