This crypto to flip Bitcoin and Ethereum for top spot in market cap, strategist says
Bitcoin (BTC) and Ethereum’s (ETH) dominance as the top cryptocurrencies might be short-lived, according to insights by Bloomberg Intelligence strategist Mike McGlone. In an X post on February 10, McGlone argued that Tether (USDT) is on course to overtake both Ethereum and Bitcoin in market capitalization, stating that the stablecoin’s steady expansion could eventually see it rank as the largest cryptocurrency. McGlone contends that the most persistent trend in the digital asset market has been Tether’s steady rise relative to other tokens. With most major cryptocurrencies already surpassed in market value, he believes only Ethereum and Bitcoin remain ahead of USDT
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