Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Ethereum makes the list of top-100 global assets

Published 01/07/2021, 04:56 AM
Updated 01/07/2021, 05:00 AM
Ethereum makes the list of top-100 global assets
CVX
-
C
-
MCD
-
ACN
-
WFC
-
BRKa
-
BABA
-
SHOP
-
BTC/USD
-
ETH/USD
-

The second-largest cryptocurrency, Ethereum, is now sitting on a list of the top-100 assets in the world. Following the asset’s recent price rally, Ethereum now stands ahead of prominent brands such as Citigroup (NYSE:C), Wells Fargo (NYSE:WFC), Shopify (NYSE:SHOP), SONY, and total.

Going by the data on AssetDash, Ethereum currently ranks 71 globally by market capitalization. Its market cap is over $136 billion, and the currency is trading at around $1,100. The legacy crypto moved six steps upward in the last 24 hours and a whopping sixteen steps over the past week.

If Ethereum manages to maintain its momentum, it could find itself in the top-50 list, considering the fact that its market cap is about $40 billion shy of the spot. A spot at the top-50 could make Ethereum larger than McDonald’s (NYSE:MCD), Chevron (NYSE:CVX), UPS, and Accenture (NYSE:ACN).

Meanwhile, Ethereum is the second cryptocurrency to make it to the list of top-100 assets in the world. Only yesterday, BTC PEERS reported that Bitcoin was the eighth-largest asset in the world; ahead of Alibaba (NYSE:BABA) and Warren Buffet’s Berkshire Hathaway (NYSE:BRKa) in total market cap.

Latest comments

and with this u know that this never gonna be regulated so much crypto in the market try to regulate that impossible, but the cb's should speak out the book and admit that they wont regulate it so the speculation stops
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.