The bitcoin price is currently at around USD 100,000, while ether cannot permanently break USD 3,500. However, analysts agree that further increases and ATH are ahead of us, which many would not have dreamed of half a year ago.
The bitcoin price will rise to over USD 100,000, says VanEck
According to VanEck analysts, bitcoin is still in the early stages of a bull market and may soon break the $100,000 level. Strong institutional demand, solid on-chain metrics and potential regulatory changes in the US could lead to a breakout of $180,000, according to the company’s forecast. This would be the peak of this cycle.
Today, one bitcoin costs USD 98,100, which means that the price has not changed over the course of a day, but has increased by 7% in 7 days.
Will Ether rise to as much as USD 20,000?
What about ether, which has been disappointing investors a bit so far? According to Gracy Chen, CEO of Bitget, who spoke to Cointelegraph on this topic, bitcoin breaking $100,000 “may have an impact on ETH.”
(Ethereum) is still the most widely used smart contract protocol by volume, and improvements are increasing its usefulness
– she added.
The market can expect ETH to regain ATH levels before the end of this year
– points out Chen from Bitget.
Not only that, in her opinion, the year 2025 may already be marked by the Ethereum cryptocurrency. According to popular analyst Wolf, the price of ETH may reach even more than USD 20,000 this cycle.
Today, ether is trading at $3,388, which is 1.3% less than yesterday but still 8% more than a week ago.
With all this, it is worth adding that many analysts claimed some time ago that the price of bitcoin will increase to a maximum of USD 100,000, and ether to USD 7,000. New forecasts show that the technical situation on the charts has changed significantly, not to mention the foundations that Donald Trump, who pursues a pro-Bitcoin policy in the USA, can guarantee us.
You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the zondacrypto exchange.
