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5/4, 3:28 PM (Source: TeleTrader)
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Ether climbs over $3,500 to reach new record high

The world's second-largest cryptocurrency, ether, continued its rally on Tuesday, surpassing the $3,500 mark and setting a fresh record high. Within the past 12 months, the cryptocurrency soared by more than 370%.

Earlier in the day, Coinbase unveiled it was approached by auction house Sotheby's due to its intent to start accepting payments in cryptocurrencies.

Ether was up 2.54% to $3,514.40 at 9:30 am ET.

Breaking the News / JC