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Ethereum on Track to Surpass JPMorgan Chase After Hitting $4,000 for the First Time

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Mon, 10/05/2021 - 4:28
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Ethereum on Track to Surpass JPMorgan Chase After Hitting $4,000 for the First Time
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Ethereum's market cap has swelled to $467 million, meaning that it's on track to surpass JPMorgan Chase. The largest U.S. bank is currently worth $488 billion after the Friday close. 

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Bitcoin, for comparison, surpassed JPMorgan's market cap in mid-December. 

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As of now, Ether is now on track to be worth over $500 billion, challenging the likes of Samsung and Visa.     

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As reported by U.Today, Ethereum has just hit $4,000 for the first time, strongly outperforming Bitcoin.

The cumulative crypto market cap is now sitting at $2.5 trillion. The market is worth more than Apple, the most valuable company in the world.      

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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