Investors are optimistic about the continued growth of the cryptocurrency market, with many expecting a peak in 2025.
A recent survey by MV Global, shared by Cointelegraph, which included 77 major cryptocurrency investors such as hedge funds and venture firms, revealed that nearly half predict the market will reach its top in the second half of 2025. Bitcoin is expected to hit between $100,000 and $150,000 during this cycle, as per the survey. Solana is gaining significant attention, with 30% of respondents forecasting its price could exceed $600 before the cycle ends.
Ethereum’s future is seen with more caution. While some investors predict only modest gains, with ETH peaking at $3,000 to $5,000, others are more optimistic, expecting a rise to $7,000. This divide in opinion makes betting on Ethereum a more contrarian stance.
The overall sentiment in the crypto market has been positively impacted by factors such as Donald Trump’s election victory, which many believe could benefit the sector. Following this, Bitcoin reached a market cap of $1.62 trillion, driving the overall crypto market cap to $2.71 trillion.
[reaedmore id=”142036″]Solana also saw a significant surge, with its native token SOL rising by 22.5% from Nov. 5 to Nov. 7, reaching its highest level in seven months. However, despite the increase, SOL is still below its 2021 peak of $260. As the crypto market continues to evolve, these optimistic forecasts reflect broader confidence in digital currencies and their growing role in the financial landscape.
Sui (SUI) has gone up by 3% today as trading volumes shot up despite the overall uncertainty caused by the latest events in the Middle East. The market has started the week with a positive tone ahead of the upcoming meeting of the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve. The market’s […]
Michael Saylor, co-founder of the company now called Strategy and one of Bitcoin’s most vocal champions, says the next great migration of wealth will happen on the Bitcoin network.
The altcoin market may be heading into a storm of activity, with technical patterns suggesting a potential shift in momentum.
Bitcoin’s roller-coaster days may be fading, and that shift could push the world’s largest digital asset into more professional portfolios, according to Coatue Management founder Philippe Laffont.