Ethereum Now Larger Than Bank of America
Ethereum hitting $3K has now pushed it ahead of Bank of America and Disney in terms of market cap
Ethereum hits $3,000 for the first time, now larger than Bank of America
“Ethereum’s Ether (ETH) token eclipsed the psychologically significant mark of $3,000 per token on Monday, rising as high as $3,003 on Binance at the time of publication. ETH price reached the milestone on several major exchanges, including Bybit, Coinbase and BitMEX.
The surge has helped Ethereum overtake institutions such as The Walt Disney Company and Bank of America in terms of total market capitalization. The world’s largest smart contract-enabled layer-one blockchain has grown 24% on the week to $346.72 billion, according to tracking website Infinite Market Cap. By comparison, Bitcoin (BTC) is presently sitting at a $1.079 trillion market cap, right below the total market cap of the precious metal silver at $1.416 trillion and above social media company Facebook at $923.12 billion.”