Is ethereum taking the crown from Bitcoin as ehtereum reaches $4000

[Wiwo]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

[Yogee]

... is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

No. BTC is still the main cryptocurrency market indicator. It's allowing major alts like ETH to make a short run while it's holding on above $40K. Even a "deflationary ETH" will fall when BTC decides to take a deep dive. It happens every time and I don't see that changing for many years to come.

[Argoo]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

Of course not. Now the price of ethereum is close to $ 4,000 and is $ 3,961. Perhaps tomorrow or the day after tomorrow we will see the ethereum price even higher than $ 4,000, but nothing significant will happen. In the spring, this coin has already reached a price of about $ 4,400. She has no chance to bypass bitcoin yet. Some predict that in terms of capitalization and price dominance, ethereum will be able to bypass bitcoin, but these are questions for the near future. The price of the coin does not really matter here.

[Tipstar]

It could. May be an unpopular opinion in this forum but I see higher chances of Ethereum taking over Bitcoin marketcap within a couple of years.
It's been a lot since I haven't used bitcoin and I don't hold a bit. It's costly and no specific use for me. I'd rather hold staking tokens than bitcoin.
Ethereum on the other hand even though suffering from problems like large transaction fees, is still the coin with most transactions. It's just in the 2nd number after stellar even at this moment. Side projects like BSC, Polygon and Avax are also making it easier for people to use and venture into Ethereum.

[Slow death]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

if you've been in this market for a long time then you should already know that when some altcoin has some good news it doesn't go down much even when bitcoin goes down, it doesn't just happen with ETH, it happens with all altcoins, so it's not necessary to make assumptions about that ETH can take over the bitcoin market just because of events that are seen to happen with all altcoins. you can prove that if right now the price of bitcoin dropped a lot you would see the price of ETH drop a lot too.

[BIN-BIN]

The market is existing a bullish signal and not only ethereum but bitcoin have also passed the $50,000 benchmark and I still believe that the present ethereum gains result from bitcoin’s success in the market.

[indah rezqi]

The current market conditions in the past two days seemed like something had happened, it seemed like there was a scenario. Especially for Bitcoin, yesterday the price increased to $50K lasted only a short time and it didn't take long for the price to drop immediately. Hopefully the current price of $50K can continue to rise.
Altcoins are currently on the market starting to see an increase and this seems to be going very well.

[livingfree]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

It seems that you're the one that don't see the market. Bitcoin has reached $50k while Ethereum stops at $4000 a while then suddenly drops to $3900.

There's no taking of crown or taking over.

Bitcoin is still the best and despite having Ethereum, I'll still say that.

[avikz]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

ETH is doing great for sure and we all are happy about it. But that doesn't mean that ETH is taking the crown from bitcoin. ETH is going through a change in algorithm and since staking will become the mining process for ETH, people are buying it heavily. It makes complete sense because people now won't have to buy expensive mining rigs, so they are buying ETH now so that they can earn a passive income without doing anything.

But again, that doesn't mean that ETH is taking the crown from Bitcoin. The king always remains as a king.

[sujonali1819]

Yes, it’s true that eth showed a great move from $3k to $4k when btc was struggling. But this does not mean eth is taking the btc Position some how. You can get the proof if btc drop 10% recently, then you can see where eth can go. Obviously Eth will dump and it could be more than 10%.

I never think eth can take the btc position. King remain king always.

[amishmanish]

This has happened a hundred times now. Every bullrun, Ethereum shillers start this speculation about "flippening". This is mostly the signal that the bullrun is about to end for Ethereum and the Alt-coins. Right now, the fees have been ridiculous on Ethereum for weeks now, especially since the much hailed EIP-1559. There is also going to be a switchover to PoS which means that some other PoW competitor will soon be looking to takeover that market share and the GPU miners.

One reason for ETH increasing in price can be the emergence of yield farming on other blockchains where people end up buying ETH to bridge from Ethereum to that other platform. While this may lead to a temporary increase in price, this shifting of users means that the market share for Ethereum will split up between these alternate chains, and hence, decrease at the end of it. So, no taking crown ever.

[Botnake]

Yes, it’s true that eth showed a great move from $3k to $4k when btc was struggling. But this does not mean eth is taking the btc Position some how. You can get the proof if btc drop 10% recently, then you can see where eth can go. Obviously Eth will dump and it could be more than 10%.

I never think eth can take the btc position. King remain king always.

Bitcoin will always dominate the market no matter what because its the king and will always be. We have seen how bitcoin has struggled a lot finally crossing its resistance level at $50k so now we can expect that it will be heading next into its new ATH. Even ethereum is already near to its expected ATH with its current price at $3,949.

Yet, bitcoin has always its power to maintain its position and there's no way for an altcoin even ethereum can take away its crown. The crypto world has always bitcoin in it and i can't imagine the whole crypto market will live through it without the leadership of bitcoin.

[Ever-young]

The adoption on Eth is rapidly growing and it's really showing in the price. especially the acceptance by visa card and lost more together with the burning of eth worth almost or over  500,000,000$. The price will rise, but that does not mean it's taking kingship from Bitcoin , it's nearly impossible, because Bitcoin is more globally accepted than Eth.

[jack wira]

In my opinion, even though the market is currently experiencing bullishness, but the struggle from ethereeum to take over the bitcoin crown, I don't think will happen, bro.
 Because bitcoin will also continue to pump to improve its price, and even if ethereum will reach a price of $ 4k, bitcoin will automatically be more than that.
 Even the increase in the price of ethereum stems from the high price of bitcoin too, bro.

[blockman]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

It had already shown a bullish sign when it has recovered after being down under $2k. That was a quick recovery for Ethereum and later did managed to $4k and now it's trying to break again the second time. But let's all be grown up that there will be no replacement for bitcoin.
It has been talked about many times and it will never replace bitcoin in its place. Even it's the 2nd on top of the crypto market, let's just accept that bitcoin is superior on this market and the first born of all. There are no other cryptocurrencies that will step over it and even those at the top including ethereum whether we're holders of it or not.

[ChaoChibai]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

I have to say that the market of cryptocurrency right now is in the bullish time. Bitcoin price is gradually increasing over time and the most spectacular is ethereum. The price is nearly $4,000 and I can't wait to see it happen. But as we can see at the chart, bitcoin price has already reached $50,000.
this is such a good news.

[Dread Pirate Roberts]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

it's been a few days since ethereum has been going up even though bitcoin is going down. such as showing not dependent on bitcoin. yes there may be other factors in the eth market that make the price of eth feel more independent and less affected by bitcoin. but if it is said to take over bitcoin position I don't think so . bitcoin will be main coin all off time.

[dothebeats]

ETH being bullish while bitcoin moves sideways does not mean that the former is taking over the latter. True that a lot of eyes are on ETH now, but bitcoin still holds the largest marketcap out of all cryptocurrencies, and a lot of big names, governments, and entities prefer bitcoin over ETH.

Even though that's the case, I'm still happy that ETH performs the way it does right now as it certainly gives some recognition on the altcoin.

[judeafante]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

It's possible but it's still a long shot, Bitcoin's dominance is going down while Ethereum is going up
Dominance: BTC 39.8% ETH 19.4% last year Bitcoin's dominance was over 60% the community cannot ignore what Ethereum and other coins like Binance and Polkadot is bringing to the industry, the technology is moving and changing for the betterment of the community.

[kidbounty]

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

I said, it will never happen. bitcoin bear? no, it's just a correction and it's normal when bitcoin is corrected, altcoins are on rise. will never be able to ethereum or any other altcoins take over the market. bitcoin will still be number one no matter the situation.