Cryptocurrency

 

Cryptocurrency

Ethereum rose again on Wednesday as it continues to gain steam ahead of a network upgrade scheduled for next week. 

  • The token is currently at a nine-month high and has significantly outperformed Bitcoin this month.
  • The network upgrade will allow validators to withdraw Ether without needing to use a centralized exchange using the Beacon Chain. 
  • Ethereum experienced a similar rally in September before its last fork, which moved the currency to Proof of Stake. 
Bitcoin $28,067.40 0.90%
Ethereum $1,899.79 1.47%
Litecoin $92.23 -0.41%
Bitcoin Cash $126.85 -0.75%

*Exchange rates as of 7 am ET. Data from Morningstar Financial Research. To understand why we track these currencies and the differences between them, 


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