Ethereum Now Bigger Than Netflix and Mastercard
Main Idea
Ethereum (ETH) has surpassed Netflix and Mastercard in market capitalization, reaching a price level above $4,600 for the first time since December 2021, with potential for further growth.
Key Points
1. Ethereum's price exceeded $4,600, marking its highest level since December 2021, and reached an intraday high of $7 million.
2. Polymarket bettors estimate a 59% chance ETH will hit $5,000 by August and a 12% chance it could reach $10,000 by 2025.
3. ETH is approaching the market cap of the SPDR S&P 500 ETF Trust (SPY), which has $589.84 billion in assets.
4. Spot ETH ETFs recorded significant inflows, including over $1 billion in a single day and $523 million in another instance.
5. Tom Lee, a prominent ETH bull, predicted the altcoin could rise to $16,000 during the current bullish cycle.
Description
Ethereum has now topped Netflix after surpassing the $4,600 level for the first time since December 2021
Latest News
- XRP Price Prediction for August 132025-08-13 12:15:21
- Crypto Market Crash Incoming? Top-Tier Whale Closes All Longs2025-08-13 08:11:52
- 'Everything Trending to Zero Against Bitcoin,' '$1 Million BTC' Samson Mow Warns2025-08-13 07:55:04
- Ethereum Now Bigger Than Netflix and Mastercard2025-08-13 07:20:00
- Failed Bitcoin (BTC) Breakout: Critical, XRP Symmetrical Triangle Explosion? Ethereum (ETH) Dominance Brings $5,0002025-08-13 00:09:08