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Ether bursts past $4,000; other cryptos firm

May 10, 2021 3:00 AM

Cryptocurrency ether broke past USD 4,000 on Monday, hitting a record high for the third consecutive session. Ether, traded using the ethereum blockchain, has soared almost 450 percent in 2021. It last bought USD 4,038 on the Binance exchange.

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Bitcoin rose roughly 2 percent to hit a three-week high.

Dogecoin, launched as a parody cryptocurrency, steadied around 54 US cents after dropping as low as 41.6 cents after Tesla boss and crypto enthusiast Elon Musk described it as a ”hustle” during a television appearance.

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: SpaceX accepts dogecoin as payment to launch lunar mission next year

First Published:May 10, 2021 12:00 PM IST

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