The price of bitcoin has more than doubled in 2017. But rival cryptocurrency ether, which runs on the ethereum blockchain, is up over 2,300 percent this year.

by Arjun Kharpal, CNBC:

Bitcoin has more than doubled in price this year alone, but it has been outperformed by its closest rival Ether, which is up over 2,300 percent.

On January 1, bitcoin was trading at the day’s high of $1,003.25. On Wednesday, it broke through the $2,300 barrier for the first time to hit a fresh record high of $2,377.32, according to CoinDesk, marking a year-to-date rise of 137 percent. To find out what’s driving bitcoin’s rally, read more here.