Ether (ETH) Rises to Record, Topping 2021 Crypto Bull Market High
Ether surged to a record for the first time in almost four years, with the second-largest cryptocurrency benefiting from a renewal in demand after long being touted as a more adaptable alternative to the crypto market leader Bitcoin.
The native token of the Ethereum blockchain rose as much as 15% to $4,866.73, topping the previous all-time high of $4,866.40 reached in November 2021. Ether has increased more than 40% this year, outperforming Bitcoin even as the original digital currency continues to set fresh highs after winning the endorsement of President Donald Trump during last year’s US presidential election.