Cryptocurrency Ethereum at record high

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Plus of almost 15 percent on the Bitstamp trading platform. Ripple is also up 15 percent.

Cryptocurrency Ethereum at record high

Ethereum

In the slipstream of the recent Bitcoin rally, investors are also accessing other cryptocurrencies. The second most important cyber currency, Ethereum, rose by almost 15 percent on the Bitstamp exchange to a record high of $ 1,439.69 (EUR 1,193.38). Ripple gained more than 15 percent to $ 0.3293.

“For many investors, Bitcoin seems to be too expensive in terms of price,” says analyst Timo Emden from Emden Research. Ethereum is also receiving a boost from the plans of the US exchange CME to launch a futures contract on this digital currency from February. Bitcoin currently costs $ 36,800 after the oldest and most important cyber currency hit a record high of just under $ 42,000 two weeks ago.

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