Ethereum price surges: How to buy cryptocurrency following market spike

Ether, the cryptocurrency a part of the Ethereum blockchain network, had a significant surge on Wednesday with a price of $3,563, according to Bitcoin.com.

Ethereum is currently right behind Bitcoin, with a market capitalization of $434 billion, according to real time data tracked by CoinMarketCap (Note: market capitalization is constantly changing). It experienced a 15% surge within the past seven days.

Bitcoin and Cardano have also recently made moves in the cryptocurrency world. Bitcoin hit over $50,000 for the first time since May last month, while Cardano (ADA) spiked to almost $3, an all-time high for the cryptocurrency.

How to buy Ethereum

Ethereum is available to purchase on Crypto.comCoinbaseBitcoin IRAKraken and eToro, to name a few.

What is cryptocurrency?

Cryptocurrency is a digital asset designed to be used over the internet, according to Coinbase. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.

If you’re interested in investing in other cryptocurrencies such as Bitcoin, Cardano, Dogecoin and Shiba Inu, here are some options to get you started:

If you want to educate yourself more on cryptocurrency and how it works, you can always enroll in an online course, too. Courses are offered at online platforms CourseraLinkedIn Learning and Udemy.

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Nicolette Accardi can be reached at naccardi@njadvancemedia.com. Follow her on Twitter: @N_Accardi. Find NJ.com on Facebook. Have a tip? Tell us. nj.com/tips