While the world’s first cryptocurrency, Bitcoin has lost its key level, so do Ethereum and other altcoins. The lead altcoin failed to maintain its price range above $1,600 as the currency started its downward journey. The major reason for the crypto market to crash is the FTT-Binance tussle which has impacted the whole market.
Interestingly, McDonald is valued more than that of Ethereum as McD is around $203.6 billion while Ethereum’s market cap is nearly $191 billion. This news caught the attention of Binance CEO, CZ where he stated doubts creep in once in a while. The main reason behind CZ commenting is earlier during his teenage he had worked at McDonald
Source: https://coinpedia.org/crypto-live-news/mcdonald-surpass-ethereums-market-cap-as-eth-drops-below-1500/