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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.

BTC/USD

62,660.55 Price
+3.250% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

DOGE/USD

0.13 Price
+11.580% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.0012872

XRP/USD

0.60 Price
+3.600% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.01168

UNI/USD

11.05 Price
+0.660% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.08964

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
3466.33 USD
136.16 +4.100%

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