Ether's 1,500% Jump Is Just the Start for the Crypto Faithful - BNN Bloomberg
Cryptocurrency enthusiasts are scaling up price targets for Ether after the second-largest token's record-breaking run, an echo of the unbridled optimism that accompanied an earlier surge in Bitcoin.
The token affiliated with the Ethereum blockchain -- a digital ledger popular for financial services and sales of so-called cryptocollectibles like online art -- is up about 1,500% in the past year and hit a new peak of $3,455 on Tuesday.
