Narratives Blur as Bitcoin and Ethereum Target Each Other's Field
As Bitcoin (BTC) and Ethereum (ETH) camps keep fighting for old and new capital in the crypto space, their value proposition narratives are becoming somewhat more complicated with each competing side trying to steal the show from each other.
According to Noelle Acheson, head of markets insights at crypto trading firm Genesis Global Trading, the idea that ETH is changing from being “a technology play to maybe a store value play as well” has gained some traction recently.
Meanwhile, per the analyst, the narrative around Bitcoin is also changing with the Taproot upgrade that is expected to be implemented next week.
The upgrade, which among other things will bring increased privacy and enhanced wallet scripting, will see Bitcoin going from being a
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