Video - Ethereum Reaches 50% of Bitcoin's Market Cap, Exceeds BTC Daily Volume

Ethereum Market Cap reaches over 50% of Bitcoins market cap for the first time ever. Ethereum’s trading volume also surpasses Bitcoin for the first time, thanks mainly to the new interest from Asia.

Will Ethereum overtake Bitcoin? Ethereum’s market cap reached $20 billion dollars, something that Bitcoin only achieved last month! With over 50% of Bitcoins marketcap, This event have been dubbed by some as the flippening. When will Ethereum surpass Bitcoin’s market cap? Next year, or next month?

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Written by Melvin Draupnir on June 1, 2017.