ETH price breaks its previous all-time high record of $1,420 after three years

Ether's (ETH) price has surged above $1,420 after three years, breaking its previous all-time high record.

The price of the second-largest cryptocurrency by market capitalization is currently at around $1,423 on Coinbase, according to TradingView. The previous all-time high price was reached in January 2018.

ETH's price surge has also pushed the cryptocurrency's market capitalization to above $163 billion at the time of writing, according to tracker CoinGecko.