Ether hits record high as rate-cut expectations drive crypto rally

Source: Tech – South China Morning PostEther surged to a record for the first time in almost four years, with the second-largest cryptocurrency benefiting from a renewal in demand after long being touted as a more adaptable alternative to the crypto market leader bitcoin.
The native token of the Ethereum blockchain rose as much as 15 per cent to US$4,866.73, topping the previous all-time high of US$4,866.40 reached in November 2021.
Ether has increased more than 40 per cent this year, outperforming bitcoin even as the original…Read More

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