Ethereum becomes one of the top 100 assets worldwide as its market cap grows 

Quick Take

1 minute read

• Many of the top crypto assets over the past week have been accelerating massively on the markets. 

• Ethereum is no different as it was able to break $1200 for the first time in years as the bulls take control.

Many of the top crypto assets over the past week have been accelerating massively on the markets. Ethereum is no different as it was able to break $1200 for the first time in years as the bulls seemingly take control.

In particular, the past 24 hours has pushed the asset onto a list of the top 100 traded assets for the first time in history.

Ethereum entered the top 100 assets by market 🚀
Source: https://t.co/oDzWrvLl2b pic.twitter.com/63zrsalRfH

— CompaniesMarketCap.com (@CompaniesMarke1) January 6, 2021

This year alone, the token is up more than 62% of the time of writing.

The only other cryptocurrency on the list is Bitcoin which has also been running amok on the rankings currently placed at number 10 near Tesla and Facebook. It has even been able to surpass Alibaba, Berkshire Hathaway and Visa. 

If Ethereum was to catch up to the leading coin or even surpass it, It would need to increase in price to over $6000 with Bitcoin staying at the same price it is currently at (around $35,000).

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.