Ether Cryptocurrency Nears Record High Amid WSB Trading Buzz

Ethereum’s ether cryptocurrency came within a hair’s breadth of a new record high on Tuesday, amid expectations that the recent GameStop trading saga would accelerate the adoption of cryptocurrencies and decentralized finance (DeFi).

The second-largest cryptocurrency by market value climbed to $1,457 during the European hours, less than $3 below the lifetime high of $1,459.93 reached last month, according to CoinDesk 20 data.

By Nasdaq