The price of ether smashed through its 2021 record on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts.
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The price of ether
smashed through its 2021 record on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode.
The second-largest cryptocurrency surged 15% late Friday, rising as high as $4,885.00 and surpassing its November 2021 record of $4,866.01.
Ether rose to a new record over the weekend, after hitting an all-time high Friday for the first time since 2021.
The second-largest cryptocurrency rose as much as 15 per cent to US$4,866.73, topping the previous all-time high in November 2021.
Bitcoin rose as high as $124,496 on Wednesday, while ether is inching closer to its 2021 record of $4,866.01.
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