Galaxy Digital Trading Executive Says ETH Could Flip BTC In The Next 3 Years ⋆ ZyCrypto - BitcoinEthereumNews.com
Co-head at Galaxy Digital Trading Jason Urban believes that the Bitcoin flippening could be possible over the next couple of years. The executive said this as he discussed the growing institutional adoption of crypto and blockchain technology. Urbans Thoughts In the last couple of weeks, Ethereum, like Bitcoin, has started to show some tenacity again. While it is yet to recoup its losses for the year, it is not too far away and has consistently outperformed Bitcoin as it journeys there, as has been previously reported by ZyCrypto. The renewed interest in the most used blockchain stems from the coming Ethereum merge. The merge promises to usher users into Ethereum 2.0 to transform the network into a more scalable and energy-efficient Proof-of-Stake (PoS) model by merging it with the Beacon chain. Talks of flippening are not new amongst altcoin enthusiasts. Following recent price trends and the ranging of Bitcoin‘s market dominance, it is no surprise that talks of a flippening are coming up again. According to data from Messari, Bitcoin’s market dominance currently stands at 41.49%, while that of Ethereum is at 19.78%. For Bitcoin, that is a 22.89% drop in the last year, while Ethers dominance has grown by 68.59%. Speaking with Kitco News