Ether climbed more than 5% in late-day trading Thursday, reaching $3,606.17 — its highest level since Jan. 7 and the first time the token has traded above $3,600 in six months. The rally gathered pace after the cryptocurrency reclaimed the $3,400 and $3,500 marks earlier in the session.
The price surge lifted Ethereum’s market value to roughly $430 billion, according to Cointelegraph data, putting the blockchain network among the world’s 30 largest assets and ahead of healthcare giant Johnson & Johnson.
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