As of late Thursday morning, Etherium was trading at around the $730 mark – up from $80 since midnight on Wednesday, a rise of 12%.
Etherium’s rise started at around 10pm EST on Monday, when it started to climb steeply from $476; at $733 it has now risen 54% in under four days.
In comparison, Bitcoin has fallen 4.7% from a high of $17,349 on Tuesday to trade at $16,532 late Thursday morning.
Litecoin also out of favour
Litecoin, too, has fallen out of favour, dropping from a high of $347 on Tuesday to $301 on Thursday morning, a fall of 13.5%.
Ripple, the other top-tier digital currency, appears to be following Ethereum’s lead, trading at $0.54 on Thursday, having risen from $0.23 on Monday – an increase of 134%.