Ethereum's ether pushes past $4,000 for the first time - and one crypto analyst who correctly predicted this level now expects it to hit $10,000
snagarajan@businessinsider.com (Shalini Nagarajan)
The second-largest cryptocurrency by market value topped $4,000 on Monday.
The rise in its value may partly be driven by VanEck filing for a US ETF last week.
Crypto analyst Megan Kaspar predicted the token could reach between $8,000 to $10,000 by year-end.
Ether recorded its biggest one-day gain in two years on Monday as the second-largest cryptocurrency smashed past $4,000 for the first time.
Ethereum's digital token rose 7% in the past 24 hours to trade at about $4,165 as of 5:20. a.m. ET, according to data from CoinMarketCap. This milestone was achieved after ether's value increased 16% increase in just five days.