Ether jumps to 11-month high in wake of software upgrade


FILE PHOTO: Representation of Ethereum, with its native cryptocurrency ether, is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration

SINGAPORE (Reuters) - Cryptocurrency ether leapt more than 5% in early Asia trade on Friday as traders breathed a sigh of relief that a software upgrade this week ran relatively smoothly.

The second-biggest cryptocurrency by market capitalisation, ether rose to as high as $2,130.80, the most since May 2022.

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