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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
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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JPMorgan CEO Says Crypto Market Could Reach $5 Trillion, Urges Regulators to Pay Attention

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.      

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