Infotech

What you need to know about ether, the cryptocurrency that performs against bitcoin



Ether is on the rise in the crypto market. The second largest cryptocurrency in terms of capitalization just broke a new record on Wednesday, exceeding $ 4,300 for the first time. The price of ether has risen 450% since the start of the year and is ahead of the growth of bitcoin. Even more, ether seems to stand out from the performance of the first cryptocurrency. Bitcoin’s price peaks again at $ 57,000, ether’s has continued to double. A rally that brings the total value of ethers in circulation to nearly 490 billion dollars, a new high. But still far behind the $ 1,000 billion that the bitcoin market weighs. What nevertheless consolidates the second position of ether in the cryptocurrency market with the equivalent of 19% of assets in circulation, according to Coingecko. While bitcoin is particularly attractive for its decentralized value exchange potential, the Ethereum project which supports the growth of ether exceeds this ambition.

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