Ethereum

-Ethereum's Market Cap Exceeds Bank of America and Walt Disney

  Ethereum-Ethereum's Market Cap Exceeds Bank of America and Walt Disney Ethereum is trading at $ 3,246.40 at the time of print and has climbed over 10 % in the past 24 hours. Surpassing the total market value of institutions such as The Walt Disney Company and Bank of America, Ethereum rose to $ 3,003. Ethereum  ETH (NYSE) $30.56 +1.85(+6.44%) , reached a new record of $ 3,003 on May 3; Token reached milestone on different exchanges such as Binance, Bybit, BitMEX and Coinbase. Ethereum is trading at $ 3,246.40 at the time of print and has climbed over 10 % in the past 24 hours. The cryptocurrency has surpassed 41 billion, an increase of over 49 % in the last 24 hours, and has increased its market value to $ 382 billion. This success triggered the idea that Ether could "flip" Bitcoin. So ETH can surpass Bitcoin as the largest cryptocurrency in the world.

Ethereum is trading at $ 3,246.40 at the time of print and has climbed over 10 % in the past 24 hours.

In comparison, Bitcoin is currently trading at $ 57,846.71. Bitcoin has increased 2.09 % in the last 24 hours and has a transaction volume of over $ 46 billion. According to Coinmarketcap, its market cap is over $ 1 trillion. But there are several factors fueling the ETH surge. The most important of these is the increasing adoption of cryptocurrencies by both retail and institutional investors. Last week, Reuters linked the rise in ETH to the news that the European Investment Bank launched a "digital bond" sale using its ETH network. Also, the rise of ETH can be attributed to the increase in transaction fees on the blockchain. Ethereum-Ethereum's Market Cap Exceeds Bank of America and Walt Disney  

Source: kryptomoney.com

 

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