5/9, 5:27 AM (Source: TeleTrader)
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Ethereum reaches new highs, passes $3,900

Ethereum reached a new high as it traded for $3,939.10 at 11:20 pm ET, following an earlier surge.

The world's second-largest cryptocurrency recorded its gains ahead of Elon Musk's Saturday Night Live appearance, as the billionaire is known for his push into the cryptocurrency market, with his most recent statement saying that cryptocurrencies were "promising," but urged caution when trading.

Ether tempered its rise trading for $3,933.97 a rise of 0.56% at 11:23 pm ET, while bitcoin decreased 0.19% trading for $58,783.00 at 11:25 pm ET.

Breaking the News / OL