Ethereum nears fresh all-time high as bitcoin lags

Ether, the native currency on the Ethereum blockchain, approached a fresh all-time high on Wednesday as bitcoin — the largest cryptocurrency in the world — lagged almost 20 percent below its record price.

The price of ether rose almost 2 percent Wednesday morning from the day prior and was last seen trading at $4,692 per coin, just 3.5 percent below the crypto’s all-time high of $4,858.82 reached last month, according to data from Coinbase.

At the same…

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