According to Steno Research’s latest report, Ethereum (ETH) $3,383.9Bitcoin (BTC) in terms of market cap $93,885.9 It will enter into serious competition with Turkey in 2025. Historical price trends and political developments in the US support these predictions.
Bitcoin and Ethereum Price Predictions
Steno Research expects the Bitcoin price to reach at least $150,000 next year. This prediction represents a significant increase from Bitcoin’s current level of around $94,000. Ethereum, on the other hand, can rise from its current price of $ 3,400 to a level that can exceed $ 8,000. The report states that these price increases are compatible with market movements that may occur in 2024.
The ETH/BTC ratio, which measures the market performance of Ethereum compared to Bitcoin, is also estimated to increase from 0.0357% to 0.06% in the next 12 months. This increase may reflect price movements in past market cycles.
Altcoins and Market Dominance
Analyst Mads Eberhardt draws attention to the political dimension of the predictions by saying, “Donald Trump’s victory in the US presidential election could create a more favorable environment for altcoins rather than Bitcoin.” Bitcoin’s market dominance is expected to decline to 45% from its current level of 56.6%. This decline could lead Ethereum and other altcoins to increase their market share.
Additionally, the total value locked (TVL) in decentralized applications is expected to reach $300 billion in 2025. The launch of new cryptocurrency exchange-traded funds (ETFs) in the US could also give altcoins a big advantage.
Steno Research states that 2025 will be a historic year for institutional cryptocurrency adoption. The report particularly emphasizes that investors should follow market trends carefully.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.