Ether rises to record as crypto rally broadens beyond Bitcoin

Ether hit a record high of RM8,349, as the rally in digital assets continues to broaden beyond — REUTERS

Ether, the world’s second-largest cryptocurrency rose to US $2,000 (RM8,291) for the first time, as the rally in digital assets continues to broaden beyond Bitcoin.

The digital token for the Ethereum network gained as much as 2.3% to US$2,014 (RM8,349) on Friday. It has surged about 170% this year. The Bloomberg Galaxy Crypto Index gained gained about 3%, while Bitcoin was little changed after more than doubling this year.