Caribbean Today News

Ethereum Hits All-Time High Above $4,000

The second-largest cryptocurrency by market capitalization, Ethereum (ETH), crossed the psychologically important $4,000 barrier minutes before press time in the last hours of Sunday.

What Happened: ETH touched an all-time high of $4,067.85 on Sunday night. At press time, the cryptocurrency was trading 3.86% higher at $4,047.46. ETH has rallied 32.77% in a seven-day trailing period.

Bitcoin (BTC), the top cryptocurrency by market cap, trailed both daily and weekly returns of ETH. For the week, BTC is up 2.47%, and on a 24-hour basis, it was up 1.22% at $59,456.33.

The difference is starker when it comes to year-to-date returns. While ETH has surged 443.73% since the year began, BTC is higher by 103.97%.