I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.
However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.
Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
Flip BTC in what way?
In percentage terms as seen on the coinmarketcap site, BNB is still ahead of ETH with the respective percentages of the coin currently being BNB 12% and ETH 5.5%.
This means that BNB has increased faster than ETH.
So far there has been no altcoin that can beat BTC and almost all the top altcoins are very influential on BTC. So, ETH can reverse BTC what do you mean?