Ether hits $4,000 level for the first time; m-cap tops $450 billion
Ether, the native cryptocurrency of the ethereum network, on Monday broke above the $4,000 level for the first time, as investors continued to diversify beyond bitcoin. The market capitalization of the world's second-biggest cryptocurrency topped $450 billion.
Over the past year, a lot of investors who got into bitcoin have become aware of ether and started diversifying their crypto portfolios. Since the start of the year, ether has surged over 450%, against a 100% jump in bitcoin.