Ethereum, or ether for short, hit a new record high Saturday of just over $2,900. Ether prices have nearly quadrupled in 2021, soaring 290%. Bitcoin has had a great run too this year, doubling in value.
The total value of all Ethereum in circulation is now about $333 billion, according to CoinMarketCap. Bitcoin’s (XBT) market value is nearly $1.1 trillion.
Bitcoin has soared this year in part due to increased adoption from corporate America. Musk’s Tesla (TSLA) and software firm MicroStrategy (MSTR) have bought bitcoin to hold on their balance sheets. Digital payments giants Square (SQ) and…
