Innovation

Ethereum hits $4K

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May 12, 2021

Ethereum recently reached $4,000 in value, its highest value as of this point. It has grown by 450% this year, outpacing bitcoin's approximately 100% growth, according to a report by New York Post.

Investors largely view bitcoin differently from Ethereum. They tend to view bitcoin as a type of commodity like gold whereas they see Ethereum as a precursor to a decentralized global financial infrastructure due to the Ethereum blockchain, according to the report.