The recent spike in the price of Ethereum has resulted in it joining the likes of Bitcoin. As of now, both ETH and BTC, are included in the exclusive list that has the largest shakers and movers of the world.
ETH has very recently surged by almost 13% in the last 24 hours. This, along with the past few spikes has helped ETH to make an entry into the list of the 100 leading assets according to the market capitalization. CompaniesMarketCap.com has reported that this is the very first time that Ethereum has been included in this exclusive list.
Ethereum Reaches Another Milestone
Ethereum has taken over the entries of 12 others present in that illustrious list on 7th January, Thursday. At present, ETH is at the spot of #88. Bristol-Myers Squibb is positioned after ETH at #89. On the other hand, Anheuser Busch is before at #87.
In this new year of 2021, ETH has successfully managed to gain by an approximate 62%. For the first very time, today, ETH has surpassed the level of $1,200 which was reached in January 2018 last.
All eyes are currently set on the 13th of January on which ETH might be able to exceed their present all-time high. The gain of the market capitalization of Ethereum in this year might increase by a massive $53 billion. This will be sufficient for ETH to beat many big conglomerates’ market cap like Wells Fargo, Citigroup, Morgan Stanley, Philip Morris, and AstraZeneca.
Similarly, Bitcoin has also been rallying at an exponential pace and overtaken 10 rankings including Alibaba, Berkshire Hathaway, Tencent, and Visa.
Nonetheless, ETH needs to grow exponentially to overtake BTC.
