bitcoin
bitcoin

$102167.383253 USD

3.76%

ethereum
ethereum

$3697.076871 USD

1.42%

xrp
xrp

$2.427181 USD

1.33%

tether
tether

$1.000746 USD

0.10%

solana
solana

$220.280765 USD

3.13%

bnb
bnb

$735.907341 USD

4.00%

dogecoin
dogecoin

$0.390394 USD

1.91%

usd-coin
usd-coin

$1.000095 USD

0.01%

cardano
cardano

$1.111198 USD

1.29%

tron
tron

$0.268834 USD

2.30%

avalanche
avalanche

$44.294879 USD

3.72%

sui
sui

$5.220353 USD

-0.35%

chainlink
chainlink

$24.012375 USD

2.32%

toncoin
toncoin

$5.760838 USD

1.28%

shiba-inu
shiba-inu

$0.000024 USD

1.96%

Cryptocurrency News Articles

Bitwise Unveils 2025 Crypto Predictions: SOL to Skyrocket 250%, BTC to Hit $200K, ETH to Rally 99%

Jan 05, 2025 at 05:00 am

Digital asset investment manager Bitwise is unveiling its predictions for cryptocurrencies and the industry in 2025.

Bitwise Unveils 2025 Crypto Predictions: SOL to Skyrocket 250%, BTC to Hit $200K, ETH to Rally 99%

Digital asset investment manager Bitwise is revealing its predictions for cryptocurrencies and the industry in 2025.

Starting with Solana (SOL), Bitwise’s head of research Ryan Rasmussen says the asset manager is predicting that the Ethereum (ETH) rival will soar by 250% and hit a price of $750 this year.

Solana is priced at $214 at the time of writing, about 18% down from the all-time high of $263 in November of 2024.

On Bitcoin (BTC), Bitwise predicts that the crypto king will surge by 106% from the current level to reach a price of $200,000 in 2025. Ethereum, according to Bitwise, will rally by around 99% from the current level to hit a price of $7,000 this year.

Bitcoin is trading at $96,940 at the time of writing while Ethereum is priced at $3,521.

Turning to US spot Bitcoin exchange-traded funds (ETFs), Rasmussen says Bitwise is expecting the inflows in 2025 to exceed last year’s figures. The cumulative total net inflows into the US spot Bitcoin ETFs as of January 3 amounted to about $35.66 billion.

Rasmussen also says that Bitwise is predicting that the number of countries holding Bitcoin in their reserves will double in 2025. Some of the countries that currently hold Bitcoin reserves include El Salvador. The Central American country holds over $588.95 million in Bitcoin as of January 3.

The Bitwise head of research also shares the crypto asset manager’s bonus prediction that is expected to come to fruition further down the line.

“In 2029, Bitcoin will clear the $18 trillion gold market and trade above $1 million.”

Bitcoin has a market capitalization of about $1.917 trillion at the time of writing.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

News source:dailyhodl.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 07, 2025