24 May '17, 8pm

Bitcoin, Ether Set New All-Time Highs Amid Market Boom

Bitcoin, Ether Set New All-Time Highs Amid Market Boom

The price of bitcoin and ether, the digital tokens that power the bitcoin and ethereum blockchains, reached new all-time highs today. At press time, bitcoin had topped $2,500 and a total market capitalization of $40bn for the first time ever. Ether, currently the second-largest by market capitalization, hit $228.37 at roughly 13:30 UTC, according to CoinMarketCap . By rising to this level, ether prices surpassed the previous record of $201.75 set on 22nd May, though at the time of report, the cryptocurrency's price had fallen back somewhat, trading at $188.18. Bitcoin and ether's price rose to this record level amid a broader rise in investments in cryptocurrencies, with others like zcash, hitting multi-month highs. Enterprise interest Several analysts pointed to the general increase in attention on cryptographic assets of late as reason for the gain, with the CEO of Fidel...

Full article: http://www.coindesk.com/bitcoin-ether-set-new-time-highs-...

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