Ethereum Surpasses Bank of America in Market Cap—Can ETH Hit $3K Before May Ends?

Ethereum just pulled off a Wall Street heist—quietly eclipsing Bank of America’s market valuation. Now, traders are eyeing the $3,000 threshold like it’s the last lifeboat on the Titanic.

The Crypto vs. Legacy Smackdown

ETH’s market cap leapfrogging BoA isn’t just a flex—it’s a middle finger to traditional finance’s ‘too big to fail’ mantra. (Take notes, Jamie Dimon.)

The $3K Question

With May’s clock ticking down, ETH’s price charts look like a caffeine-fueled EKG. Bulls argue macro tailwinds could propel it past $3,000—bears whisper ‘overleveraged’ between sips of artisanal bourbon.

Either way, this isn’t your grandpa’s savings account. And if ETH stumbles? Well, there’s always the ‘decentralized future’ narrative—finance’s version of ‘the check’s in the mail.’

How High Did Ethereum Rise Today?

At the time of writing, the price of Ethereum stood at $2,699.50. The asset registered a 2.43% rise over the past 24 hours. During this period, ETH jumped from a low of $2,603.36 to a high of $2,731.22.

Ethereum is the second-largest cryptocurrency in terms of market cap. The altcoin’s market value is currently at $325.5 billion following a 2.39% daily increase. With this latest growth, ETH has managed to take over Bank of America, whose market cap stands at $326.2 billion. The altcoin is presently the 37th largest asset in the world. While this shift is bullish for the ETH market, it also highlights the evolving dynamics of wealth across the globe.

May End Price Prediction

According to data from CoinCodex, the current bullish trend might encounter a hurdle. Ethereum will likely record a downtrend towards the end of the month. The largest altcoin might drop to a low of $2,469 on the last day of May. This can be disappointing for ETH investors who have been waiting patiently to see an increase in the altcoin’s price. It looks like they have to wait longer to witness the asset reach $3,000.