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Ether bursts past $4,000; other cryptos firm

Ether, traded using the ethereum blockchain, has soared almost 450% in 2021. It last bought $4,038 on the Binance exchange.

May 10, 2021 / 10:23 AM IST
Ether, the token transacted on the ethereum blockchain

Ether, the token transacted on the ethereum blockchain

Cryptocurrency ether broke past $4,000 on Monday, hitting a record high for the third consecutive session.

Ether, traded using the ethereum blockchain, has soared almost 450% in 2021. It last bought $4,038 on the Binance exchange.

Bitcoin rose roughly 2% to hit a three-week high.

Dogecoin, launched as a parody cryptocurrency, steadied around 54 U.S. cents after dropping as low as 41.6 cents after Tesla boss and crypto enthusiast Elon Musk described it as a "hustle" during a television appearance.
Reuters
first published: May 10, 2021 10:09 am

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