Cryptocurrencies
Ether and Bitcoin Both Surge Amid a Dizzying Crypto Rally
- Largest cryptocurrency Bitcoin reached $34,000 on Sunday
- Digital coin Ether climbs past $1,000 amid two-day jump
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Bitcoin held near a record a day after breaching $34,000 for the first time while Ether, another digital currency, also surged as the crypto rally continues.
Ether climbed as much as 22% to about $1,163 following a 30% advance on Sunday. Bitcoin held onto most of its weekend gains, dipping about 1.6% to $33,060 as of 6:53 a.m. on Monday in London, according to a composite of prices compiled by Bloomberg.