After months of speculations and forecastings the long awaited all-time high of ethereum is finally reached. Will it follow the path of bitcoin that reached $20k? If the demands for ethereum continue to go up, it likely another level inthe coming weeks but a possible correction will slow down the momentum.
Classic error in understanding nominal price vs. total market cap. If ETH went up to $20k, it would be worth $2 trillion, which is 10x the current value of Bitcoin. Simple math... there's many more ETH coins compared to BTC.