5/8, 8:55 PM (Source: TeleTrader)
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Ether goes over $3,800, hits new record high

The world's second-largest cryptocurrency, ether, reached another record on Saturday as it surpassed the value of $3,800.

The cryptocurrency's worth jumped shortly after United States President Joe Biden reaffirmed his intention to raise corporate tax rates, as he previously said, to between 25% to 28%.

Ether rose by 8.46% to $3,832.40 at 2:55 pm ET.

Breaking the News / JR