Ether Rebound to Record Grabs Crypto Spotlight From Bitcoin

  • The second-largest digital token scaled another peak Wednesday
  • Ether has bounced back rapidly from April’s crypto tumble
Photographer: Akos Stiller/Bloomberg
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Digital token Ether is taking the cryptocurrency limelight from Bitcoin with a sharp recovery to a record after this month’s rout in the sector.

The second-biggest digital currency rose after the European Investment Bank soldBloomberg Terminal 100 million euros ($121 million) of digital bonds Tuesday on the Ethereum blockchain network.