Ether surges past US$1000 for the first time amid crypto bullrun

Ether surges past US$1000 for the first time amid crypto bullrun

The Edge Singapore - Latest News·2021-01-04 11:00

The digital currency Ether reached a record on Monday a day after Bitcoin breached US$34,000 ($44,818.80) for the first time as the surge in cryptocurrencies continues.

Ether touched a high of about $1,010, its first foray past $1,000, following a 30% surge on Sunday. Bitcoin held onto most of its weekend gains, dipping about 1.5% as of 10:40 a.m. on Monday in Tokyo to $33,069. The largest cryptocurrency eclipsed its 2017 record late last year and only hit $20,000 for the first time in the middle of December.

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