Ethereum's Three-Month Lead Doesn't Signal the Flippening Trade
Ethereum has outperformed Bitcoin in three consecutive months, sparking speculation about the 'flippening' trade.
The gap between Ethereum and Bitcoin's market values remains significant, with Ethereum needing to grow around five times its current value relative to Bitcoin for the flippening to occur.
Ethereum has surged 72% over the past 90 days, while Bitcoin has risen about 42%, but this recent quarter of outperformance hasn't significantly narrowed the gap needed for the flippening.