With The Ethereum Flippening Dead In The Water And Swap Dealers Positioned For Carnage Bitcoin Is Likely Headed For A Fresh Year To Date Low
Bitcoin (BTC) had handed over its leadership mantle of the entire crypto sphere to Ethereum (ETH) in the run-up to the much-anticipated merge event last week, leading to a veritable fervor among Ethereum enthusiasts who salivated at the prospect of snatching the proverbial crown in what came to be known as a “flippening” event. Alas, such dreams proved to be built on a shaky foundation of “hopium” rather than any intrinsic tailwind, with Ethereum’s price now crashing along with the rest of the crypto sphere and tanking Bitcoin’s short-term prospects with it....