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Ether hits all time high of $4,400
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Ether, the world's second largest cryptocurrency, hit an all-time high on Friday, a little over a week after larger rival bitcoin set its own record. As cryptocurrency markets have rallied sharply in recent weeks, ether is up more than 60% since its late September trough. The token, which underpins the ethereum blockchain network, rose as much as 2.6% to $4,400 in Asian hours, breaching the previous top of $4,380 set on May 12.
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