Ether, the second cryptocurrency soars above $700. The rally did not take quite long as it was in less than 24 hours as low as $624 at 11;00 UTC before gaining 11% to surpass its all-time high since May 21, 2018.
Recall that after Christmas, bitcoin, the first highest cryptocurrency in market cap achieved another all-time high of $27k. Now, Ether, the native token of the Ethereum network is above $700. As at the time of writing, the bothe= market cap, bitcoin and Ether, are above $77B and $490B respectively.