Ether, the cryptocurrency a part of the Ethereum blockchain network, had a significant surge on Wednesday with a price of $3,563, according to Bitcoin.com.
Ethereum is currently right behind Bitcoin, with a market capitalization of $434 billion, according to real time data tracked by CoinMarketCap (Note: market capitalization is constantly changing). It experienced a 15% surge within the past seven days.
Bitcoin and Cardano have also recently made moves in the cryptocurrency world. Bitcoin hit over $50,000 for the first time since May last month, while Cardano (ADA) spiked to almost $3, an all-time high for the cryptocurrency.
How to buy Ethereum
What is cryptocurrency?
Cryptocurrency is a digital asset designed to be used over the internet, according to Coinbase. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.
If you’re interested in investing in other cryptocurrencies such as Bitcoin, Cardano, Dogecoin and Shiba Inu, here are some options to get you started: