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Ethereum's peak market cap reached nearly **$560 billion** in November 2021. This peak coincided with Ethereum's all-time high price of approximately **$4,900** during that period. - As of now, Ethereum's market cap is significantly lower than its peak, currently around **$470 billion**[^2]. - The fluctuations in market cap reflect broader trends in the cryptocurrency market, influenced by various factors including investor sentiment and market dynamics.
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