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The Bear Case For Bitcoin Is Ethereum, Says CryptoCobain

Amy Liu

Summary: Prominent trader and analyst CryptoCobain is sharing his thoughts on the potential threat Ethereum (ETH) poses to Bitcoin (BTC). CryptoCobain suggests that if Ethereum can overtake Bitcoin’s market cap for an extended period of time, it could jeopardize the success of the leading crypto asset as long-term BTC owners trade their holdings to ETH. In ...

Prominent trader and analyst CryptoCobain is sharing his thoughts on the potential threat Ethereum (ETH) poses to Bitcoin (BTC).

CryptoCobain suggests that if Ethereum can overtake Bitcoin’s market cap for an extended period of time, it could jeopardize the success of the leading crypto asset as long-term BTC owners trade their holdings to ETH.

In CryptoCobain’s opinion, Ethereum will inevitably flip Bitcoin’s market cap temporarily, but will only threaten Bitcoin if it is able to sustain that growth.

By Amy Liu

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