The cost of the second cryptocurrency in the world, Ethereum, has risen to a record $4.78 thousand, according to trade data. Altcoin capitalization exceeded $560 billion for the first time in history.

During the day, the token has risen in price by 4 percent. By the time the news was published, the cost of Ethereum had adjusted and amounted to 4.74 thousand dollars. The latest wave of altcoin growth began on September 29: since then, the price of Ethereum has increased by 74 percent, and its share in the crypto market has reached 18.7 percent.