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Cryptocurrency ether rises to new record high over $3600

Cryptocurrency ether rises to new record high over $3,600

Bitcoin was down 0.3% at $57,353.03 and about 11% below its record intraday high at $64,895.22 set on April 14. It is up more than 385% this year, compared with 96% for bitcoin. The rise is in part a spillover from flows into bitcoin, which has grown in stature as big-name investors from Elon Musk’s carmaker Tesla Inc to Wall Street investor Stanley Druckenmiller bought in.