Market Wrap: Bitcoin Over $55K as Ether Hits New All-Time High

Stefan Coolican, chief financial officer for investment firm Ether Capital, says dumps and recoveries are just part of the crypto market.

Ether’s price has tripled thus far in 2021, in part thanks to trader enthusiasm over growth in decentralized finance , by comparison, is up 89% this year.

“It’s just more people understanding the value of Ethereum and the token accrual model with proof-of-stake and EIP 1559,” Coolican told CoinDesk.

Wave Financial’s Kogan says interest in DOGE waxes and wanes at its own rhythm.

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