Ethereum Hits New Record High

Ethereum surged on Tuesday to a new record high near $2,684. The second-biggest cryptocurrency in the world, after Bitcoin, is now up by around 7.3% on a daily basis at 2,645, extending its gains over the past seven days to about 14.10%.

Recent news suggested that JPMorgan Chase plans to launch a new Bitcoin fund, which helped support the digital currencies.

Bitcoin is currently up for the day by 3.91% at $55.330.