Ethereum (ETH) Becomes The 50th Most Securities Asset In The World, Number 1 Still Gold
JAKARTA - Currently Ethereum (ETH) ranks second after Bitcoin (BTC) in the largest crypto asset ranking by market cap. Even so, Ethereum has become the most valuable asset in the world's list of assets.
Ethereum managed to surpass Cisco, Alibaba, AstraZeneca, and T-Mobile by the company's market cap and world-valued assets. The increase in ETH prices also boosted its market cap to $190 billion. This positive action included ETH in the top 53rd position by market cap.
Based on CompaniesMarketCap data, Ethereum's market capitalization is currently directly facing the market caps of giant companies such as Toyota and Walt Disney, which surpassed 195 billion US dollars.
With this achievement, Ethereum is the second cryptocurrency to ever enter the top 50 assets by market cap. With a value of more than US$395 billion. While Bitcoin ranks 14th among the world's most valuable assets, its position is flanked by Visa and Walmart.
Currently Bitcoin is trading in the price range of 20,700 US dollars per BTC. In this case, BTC has exceeded the value of the Palladium. At its all-time high set in mid-October 2021, Bitcoin's market capitalization broke 1.23 trillion dollars, placing it above Alphabet's current capitalization of 1.21 trillion dollars.
With this market capitalization value, Bitcoin became the most valuable asset of Chevron and Palladium. While Gold is still strong in first place, followed by Apple, Saudi Aramco, Microsoft, Alphabet, and Amazon.