Ethereum price rose to $ 42,000


Last week, when Ethereum soared above $ 3,000 for the first time in history, its market cap surpassed Bank of America’s value, making it one of the thirty most valuable assets in the world. After the growth of the Ethereum rate above $ 4,100, its capitalization amounted to $ 477 against the capitalization of JPMorgan (the largest US bank by assets) at $ 488 billion.

Why has ether become so popular, and is it more profitable to buy it than Bitcoin? Leonid Delitsyn, an analyst at FINAM Group, answered the question of Fortrader magazine.

Ethereum price

– There are two reasons for the popularity of ether: firstly, bitcoin is not growing, and secondly, ether is still more affordable than bitcoin.

This is accompanied by an increase in the number of developers of applications on this platform, which strengthens the hopes for the application of this technology in the real economy.

Libertex [CPS] WW

xemarketsforex

xemarketsforex

MTP Procurement Management Procurement Bidding SRM Cost Optimization Team Management Cost Management SAP ERP Management Skills SAP ERP 1C Supply Control SAP / SRM SAP / R3 Analytical Thinking Working with Suppliers Result Oriented System Thinking Process Management Strategic Planning Project Management MsOffice Negotiations with company top officials Organization of procurement procedures Oil trading

Read Previous

To be happy, Russians need 173 thousand rubles. per month

Read Next

Opportunities for the relocation of international companies to the SAR will expand