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.
I don't see how their market cap matters with the two BTC and ETH. Coz I believe that Bitcoin will become more valuable in the future more than what we see today.
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.
We can't compare today in the future, not even in the past. May we have seen that ETH is flipping much these days but not sure in the coming days or it has a twist and BTC might be in pump.
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?
I invest in both of them coz I see and I know that they have market potentials. And I hold some of them coz I believe that they become more valuable someday and I guess, this is also the reason why many investors are spending more money with them.