📍 Ethereum–Bitcoin: The "flippening" race heats up as ETH sees 3 weeks of strong price increases

📌 ETH still has a long way to go to surpass BTC, but the pressure on $BTC is rising as ETH's market capitalization is currently around $500 billion compared to ~$2.3 trillion for BTC. However, looking at the price increase rate and the moves from investment funds and public companies accumulating #ETH treasury, the "flippening" scenario is definitely being discussed more than ever.

📌 The ETH/BTC ratio is recovering from the bottom — showing signs of short-covering and buying by large institutions pushing this ratio up, although it is still far from dethroning BTC.

📌 We can call the current phase the "broadband moment" of ETH, when scalability, legitimacy, and adoption play a role like digital oil for the decentralized economy. However, the difference in roles (ETH as smart contract blade, BTC as digital gold) and the supply-demand fundamentals are inherently almost impossible to change. $ETH