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Ether hits $500 billion market cap for the first time as the cryptocurrency's rally pushes on

From markets.businessinsider.com

Ether breached a valuation of $500 billion for the first time on Wednesday as the rally for the second-largest cryptocurrency continues. Ethereum's digital token hit $4,357 at around 6 a.m. ET, according to data from CoinMarketCap - a 53% jump in just 12 days since the beginning of the month. The milestone comes after ether breached $4,000 for the first time on May 10, recording its biggest one-day gain in two years. Ether is trading higher by 7.8% to $4,272 as of 8:15 a.m. Wednesday. "Ethereum's monumental success this year is another reminder that digital assets have found a foothold and aren't going anywhere, even ... (full story)

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  • Category: Fundamental Analysis