Ethereum reportedly recorded an increase in market capitalization of 5.73% in the last 24 hours to US$365 billion. This figure managed to beat the market capitalization of Bank of America, the second largest bank in the world, with a market capitalization of only US$345 billion.
It is known that the surge was due to an increase in institutional investment and positive sentiment in the broader crypto market. Not only market capitalization, the price of Ethereum also skyrocketed to US$3,100 on Sunday (10/11).
Not only Bank of America, the second largest digital asset also managed to beat Netflix. It is known that the video streaming service provider company has a considerable distance in market capitalization from Ethereum, which is only US $ 339 trillion
