CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Ether briefly breaks record, then retreats

By Daniela Ešnerová

12:47, 21 October 2021

Ether token
Ether reached as high as $4,362 on Thursday – Photo: Shutterstock

Ether briefly broke its record on Thursday before sliding back. The second largest digital currency reached $4,362 on Thursday, surpassing its record high of $4,366.09 from May 12, according to CoinMarketCap.

Data from Investing.com show that Ether reached $4,366.91 on Thursday – surpassing its May record of $4,366.10 by 81 cents.

Bitcoin also breaks records

Ethereum blockchain’s native coin record-breaking follows bitcoin smashing its own record yesterday. Bitcoin’s rally spilled over to the whole crypto market, whose total capitalisation reached record $2.7bn.

XRP/USD

0.69 Price
+0.530% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 0.01168

SOL/USD

217.37 Price
+2.510% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 2.2652

BTC/USD

89,737.95 Price
+1.150% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

ETH/USD

3,189.37 Price
+0.960% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 6.00

The rally was sparked by a successful launch of the first US bitcoin-linked exchange-traded fund earlier this week. The Bitcoin Strategy ETF attracted a record $1bn inflows on its opening day.

Ether retreated and was trading at $4,222 at the time of writing. 

Read more: Bitcoin smashes through k price ceiling to new record high

Markets in this article

ETH/USD
Ethereum / USD
3189.37 USD
30.23 +0.960%

Rate this article

Capital Com is an execution-only service provider. The material provided in this article is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents and has not been prepared in accordance with the legal requirements designed to promote investment research independence. While the information in this communication, or on which this communication is based, has been obtained from sources that Capital.com believes to be reliable and accurate, it has not undergone independent verification. No representation or warranty, whether expressed or implied, is made as to the accuracy or completeness of any information obtained from third parties. If you rely on the information on this page, then you do so entirely at your own risk.

Still looking for a broker you can trust?

Join the 660,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading