Could Bitcoin Really Lose A Chunk Of Its Market Share To Ethereum?


You might look at the markets today and wonder how any other cryptocurrency will ever knock Bitcoin off the top spot. With a market dominance of well over 50% now, Bitcoin has a strong grip on the markets, a grip that only seems to be getting tighter. Even so though, many do believe that the technology behind Ethereum will one day be enough to knock Bitcoin off the top spot, one expert even claims that Ethereum could in turn turf off up to 50% of Bitcoins market share.

According to Business Cloud, tech expert Ian Mcloed has spoken out about Ethereum’s prowess and potential to gain a significant chunk of Bitcoins market share. Mcloed is alleged to have said (in reference to the recent Ethereum downturn):

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