Bitcoin, Ethereum 2025 bull run: what does the market believe?
- WBOYOriginal
- 2024-08-02 03:29:111026browse
The 2025 bull run predictions have taken a full swing with many market participants predicting over 200% increase in the prices of Bitcoin.
Popular crypto voice Ash Crypto has shared their crypto price predictions for the next 12 months.
Their targets include:
– BTC: $150k-$250k
– ETH: $10k-$15k
– BNB: $1,000-$1,400
– SOL: $450-$650
– XRP: $3-$5
– DOGE: $1
– DOT: $100-$120
– LINK: $250-$500
– AVAX: $200-$300
– PEPE: $0.00009000
– WIF : $10
– ICP: $100-$150
– INJ: $120
– TIA: $100-$150
– MANTA: $30-$60
What can drive crypto market higher?
The overall crypto market has seen a dull performance so far this year, especially after the Bitcoin halving occurred. The main reason behind this could be the investor caution as they are waiting for better bullish cues to encash better profits.
However, more market participants are optimistic about a good recovery in the crypto markets in the second half of 2024, driven by factors like US interest rate cuts, Ethereum ETF, US 2024 election results, etc.
This, coupled with the anti-authoritarian stance of digital assets—the ability to conduct financial transactions without a banking institution overseeing the process and collecting fees—is a key aspect of its appeal.
Bitcoin, Ethereum 2025 bull run: What does the market think?
The top cryptocurrency, Bitcoin, has had a rough year, shedding about 65% of its market value so far this year. But the cryptocurrency sector may be making a strong recovery by year’s end, with Bitcoin in particular seeing a massive surge.
When it comes to their favorite cryptocurrency, Bitcoin, the market’s predictions are often overly optimistic and sometimes not true among Bitcoin fans. Continuing in the same vein, the world’s largest digital coin, Bitcoin, has been the subject of much discussion following its mini-bull run. During the 2025 bull run, many predict that the cryptocurrency may hit $1 million a piece if the price surge is exceptionally well.
On the other hand, assuming the cryptocurrency market makes another leg up in 2024, crypto enthusiasts expect Ethereum to keep pushing to new ATHs in 2025. Typically, bull markets last 18 months, and if the price surge occurs in 2024, it will likely be over by Q4 2025. Keeping this in mind, many predict ETH to hit $6,600 in 2025.
For the major cryptocurrencies, each bull market usually results in a smaller percentage gain than its previous ATH. This is because as an asset ages, more liquidity is needed to drive up its price.
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