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Ether’s big network upgrade can boost challenge to bitcoin
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fnlondon.comBitcoin has perked up, gaining 8% to roughly $42,600 in the past week. But ether, the second-largest cryptocurrency, has gained 15% and has pushed past a key level of $3,000.
Ether, the native token of the Ethereum blockchain network, seems to be getting a lift from the forces lifting cryptos in general. Investors are returning to high-growth “risk assets” as the markets digest prospects for interest-rate increases and other steps to tighten monetary policy from the Federal Reserve, along with the consequences of the war in...
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