Ethereum Continues to reap the Dominance

Ethereum, the monster of the cryptocurrency market, which is characterized by a strong project and steady performance throughout the recent period, seems to have escaped from Binance after expanding the difference between them to very many.

And now Ethereum is eating up a large share of market dominance and making Bitcoin Dominance drop further and further.

ETH continues to shun its closest competitor, Binance, as it increases the spread between them by full market value to more than $ 350 billion.

This is after the advanced cost of money, Ethereum, rose to over $ 4,000, with the cost of cash at the time of writing an article estimated at $ 4,055.

To blow up the absolute market value of Ethereum to $ 476 billion, which means it is heading to overtake JP Morgan Chase's market cap.

JP Morgan, the current largest US bank, is valued at $ 488 billion after closing Friday.

To check, Bitcoin surpassed JPMorgan's fair value in mid-December.

As of now, Ethereum is set to hit $ 500 billion in success as it is providing testing for Samsung and Visa.

A couple of days ago, we checked that Vaneck had applied to the Securities and Exchange Commission (SEC) for support for an ETF listing:

VanEck is applying to the SEC to certify the Ethereum ETF

Currently, the total market value of the cryptocurrency forms is currently $ 2.5 trillion.

The total value of the cryptocurrency market is currently equivalent to more than Apple, the most important organization on the planet.

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