ETH momentarily breaks yearly highs

Ethereum, the second-largest cryptocurrency by market capitalization, briefly broke yearly highs on Wednesday.

The price of the cryptocurrency hit $639.58, but by press time, it was at $633.62. The previous yearly high was $636.53 on December 1. This is the highest Ethereum's price has been since May 2018.

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Saniya More (pronounced: Saan-ya Mo-ray) is a quadrilingual journalist at The Block. She got her master’s degree from the Columbia University Graduate School of Journalism and did her undergraduate degree at the S.I. Newhouse School of Public Communications, Syracuse University. Her work has appeared in CBS News, Bangkok Post, Thai Enquirer, Globalists, Byline Times and other publications. When she’s not chasing a story, you will most likely find her biking, tweeting, taking photos or creating Spotify playlists for every occasion.