The Path Toward $10,000 Bitcoin Tether flippening of Ethereum may be sustained this time. It could be a matter of time before the dollar token flips Bitcoin, unless crypto's most enduring trend reverses: Tether's AUM surpassing everything. The technology is awesome, and it adopted the dollar as its base layer (note to the dedollarization crowd). What stops the tokenization proliferation, where tokens tracking real assets with earnings or income stand alongside millions of cryptos worth $ billions but tracking nothing? The market is in a purge stage now, which I expect will drive Bitcoin toward $10,000. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tg5ih8r24ub2 {BI COMD} #Bitcoin #Ethereum #cryptos @Bloomberg(Mike McGlone)