Etherium price shoot above $2K after ELON MUSK reveal he personally invested in Bitcoin rival

The cost of Ethereum (ether) has shot up after Elon Musk uncovered that he by and by put resources into the digital money.

The innovation very rich person was talking at The ₿ Word gathering on Wednesday, close by Twitter CEO and conspicuous crypto advocate Jack Dorsey, with his remarks pushing the bitcoin rival above $2,000.

"Bitcoin does a few things effectively, and it's developing... Ease of use for the normal individual isn't incredible yet it has a ton of potential," he said.

"On balance I support bitcoin and digital currency overall."