As a seasoned crypto investor with a decade of experience under my belt, I’ve seen the highs and lows of this wild and fascinating market. The predictions for the bull run continuing into 2025 and Bitcoin reaching anywhere between $100,000 to $150,000 per coin have me both excited and skeptical. Excited because potential gains like these can change the game, and skeptical because as they say, “bull markets climb a wall of worry.
According to MV Global, a company specializing in Web3 investments, they anticipate that the upward trend in cryptocurrency will persist until 2025 and reach its highest point during the latter part of the year, as shared with CryptoMoon on November 11.
Approximately 50% of investors expect a peak in the cryptocurrency market around mid-2025, according to MV Global, based on a poll conducted among 77 prominent crypto investors, which includes venture capital firms, hedge funds, and wealthy individuals.
As I ponder over this trending perspective, it appears to have garnered widespread acceptance in the market. Given its popularity, it’s quite plausible that it has already been factored into current market prices.
Bitcoin (BTC) is expected to top somewhere between $100,000 and $150,000 per coin, MV Global said.
30% of investors anticipate that the price of Solana (SOL) will surpass $600 by the end of the cycle, as suggested in a recent survey.
“Solana is a consensus long among almost every allocator we spoke to,” Dunleavy said.
Opinions on Ethereum (ETH) were varied. A third of respondents predicted only slight increases, with Ethereum potentially reaching between $3,000 and $5,000. Meanwhile, another third anticipate Ethereum could climb as high as $7,000 before the market cycle concludes, based on the survey findings.
“Being bullish on ETH is now a decidedly contrarian bet,” Dunleavy said.
As a crypto enthusiast, I witnessed a significant surge in the cryptocurrency market following Donald Trump’s triumph in the U.S. presidential election. The general consensus was that his victory would bring about favorable conditions for our industry, as suggested by CryptoMoon Research.
On November 7th, following the election, Bitcoin reached an unprecedented high of $76,500, with traders capitalizing on a surge in overall market positivity. Current spot prices are near record levels, nearing $85,000.
On November 11th, the market value of Bitcoin soared to a staggering $1.62 trillion, pushing the overall cryptocurrency market capitalization to an impressive $2.71 trillion, as per data from both CryptoMoon Markets Pro and CoinMarketCap.
The price of Ether surged by 10% following Trump’s victory and is currently hovering at approximately $3,300, which remains significantly lower compared to the peak of over $4,700 in 2021.
Between November 5th and November 7th, Solana’s native token, SOL, experienced a significant jump of approximately 22.5%, reaching its peak in seven months. At the moment, one SOL token is valued around $220, which is yet to surpass its 2021 maximum price of $260.
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2024-11-11 22:26