'Speculative excess': ethereum finds new peak in sizzling crypto market
The Hindu
ETH hits new record of $3,457, ETH/BTC at nearly three-year high.
Cryptocurrency ether rose to afresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants. A day after blowing past $3,000 for the first time, ether, the token traded over the ethereum blockchain, hit $3,457.64 on the bitstamp exchange before dropping 6% to $3,244.
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