Bitcoin rival Ethereum tops $4,000 for the first time

The crypto craze continues. 

Bitcoin rival ether, the second-largest cryptocurrency in the world, soared past $4,000 per coin for the first time on Monday. Ether, which is the native cryptocurrency of the Ethereum blockchain, saw its price climb more than 5 percent Monday, according to Coinbase data, and trade at about $4,100 per coin. It pared some of those gains and traded at about $4,040 per coin later in the morning.