Cryptocurrencies are rising in price today, with the rise of ether outpacing the growth rate of bitcoin.

The price of bitcoin rose by 3.2% to $42.5 thousand, according to CoinDesk. Ethereum, the second most popular cryptocurrency, has risen in price by 3.4% by this time - to $2.732 thousand. In the course of trading, Ethereum rose above the psychologically important mark of $3 thousand.

Analysts explain the growth of Ethereum with the expectation of an update that will change the process of mining this cryptocurrency.

Dogecoin, created in 2013 in honor of the Internet meme Doge with a Shiba Inu dog, rose 4.1% to $0.124.

Lesser-known cryptocurrencies Cardano, Uniswap and Litecoin rise in price by about 5%.