Inevitable Comeback
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To Infin(ETH)y and Beyond. The price of ETH rose above the $4k level and has been venturing deep into the $4.5k territory with unstoppable momentum. According to AssetDash, the total market cap of Ether is now north of $500 billion, surpassing that of Visa and JPMorgan. Its market cap relative to the Bitcoin market is now at its highest level since the summer of 2018. With altcoins and DeFi flourishing, it is not surprising that the current ETH/BTC market cap is still well below the 2017 peak, but a telling bullish sign nonetheless.