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2/5, 2:55 PM (Source: TeleTrader)
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Ether tops $1,700, reaches all-time record

The world's second-largest cryptocurrency Ether jumped over 7% on Friday to surpass $1,700 for the first time in its history following a 10-month price rally that has seen its value rise by more than 1,000% since last April and over 122% since the beginning of the year.

Part of Ether’s recent rise may be connected to the WallStreetBets saga that has been playing out for the past two weeks and that has pumped Ripple's XRP and Dogecoin.

Ether jumped by 7.52% at 8:53 am ET, changing hands for $1,712, while Bitcoin was up by 0.91% to $38,179.90 at the same time.

Breaking the News / TF