Ethereum Market Cap Surpasses Major Banks as Analysts Suggest Possible Altcoin Cycle Peak
2025-07-20 21:03:22
Main Idea
Ethereum's market capitalization has surpassed major banks like Goldman Sachs and Bank of China, reaching $461.49 billion, prompting analysts to caution about the altcoin cycle peak and potential price movements towards $4,000.
Key Points
1. Ethereum's market cap hit $461.49 billion, surpassing Goldman Sachs and Bank of China.
2. The price surged to $3,810 on July 20, 2025, reflecting Ethereum's growing influence in DeFi, tokenization, and stablecoins.
3. Analysts warn of potential altcoin cycle peak and advise caution, suggesting profit-taking to safeguard gains.
4. Benjamin Cowen highlights Ethereum's relative strength compared to other altcoins, noting it as a safer investment during market corrections.
5. Speculation arises about a short squeeze if Ethereum's price breaches $4,000, with potential liquidations estimated at over $331 million.
Description
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