Cryptocurrency ether rises to new record high over $3,600


FILE PHOTO A representation of virtual currency Ethereum are seen in front of a stock graph in this illustration taken February 19 2021. REUTERSDado RuvicIllustration

FILE PHOTO: A representation of virtual currency Ethereum are seen in front of a stock graph in this illustration taken February 19, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) -Ether, the world's second-largest cryptocurrency after bitcoin, on Thursday extended a breakaway rally to a new record high of $3,616.10, gathering momentum as investors diverted focus from its main rival.

On the Bitstamp Exchange ether was last up about 4.0% at $3,568.92. Bitcoin was down 0.3% at $57,353.03 and about 11% below its record intraday high at $64,895.22 set on April 14.

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