Ethereum hits new all-time, bitcoin inches toward record as cryptocurrencies rally
Ethereum, the world’s second-largest digital coin, surged over 4% in 24 hours Monday to hit a new all-time high above $4,700.
Bitcoin climbed 7% to a price of $66,250, inching back toward its record high above $66,900, set in late October.
It comes amid ongoing excitement around DeFi, or decentralized finance.
