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Ethereum's market cap now exceeds that of the world's biggest banks
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cnbctv18.comThe market capitalisation of the world's second-biggest cryptocurrency ether has hit a milestone. According to data from infinite market capitalisation, it has surpassed that of every global bank including JP Morgan.It is particularly significant since the ethereum blockchain has only existed for less than a decade, while JP Morgan has been a prominent bank for the last 40 years.Ether’s market capitalisation was close to $523 billion at the time of writing, putting it among the top 15 assets by market capitalisation globally.
It is standing tall with the likes of Amazon, Tesla, Meta, Microsoft and other top assets. Bitcoin’s market cap was around $970 billion.Also Read:Cryptocurrency Bill: Government has no plans to boost cryptos in
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