What is the prediction for Bitcoin and Ethereum in 2024?
But ethereum could also rally in the coming months if the Federal Reserve cuts interest rates sooner or more aggressively than expected. ETH prices are up 48% in 2024. That's roughly in line with bitcoin's year-to-date gain. As of late March, Ethereum is trading below its all-time high of $4,891 set in November 2021.
Story Highlights. ETH price could end the trade for March 2024 with a potential high of $4,900. By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21. The current price of 1 Ethereum is $ 2,999.59248042.
A recent report predicts that Bitcoin will reach a new all-time high in 2024. Bitcoin (BTC) is expected to reach a new record of $88,000 (€82,000) throughout the year, before it settles around $77,000 at the end of 2024, according to a new report. The cryptocurrency's current price sits at around $43,000.
Solana (SOL)
Solana has already seen massive growth in the first quarter of 2024–but it still has some room to grow before exceeding its previous all-time-high at 260$. Nevertheless, its large market cap and high liquidity already demonstrate serious investor confidence to us.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | $6,267.37 | $7,526.25 |
| 2026 | $9,194.08 | $10,810.92 |
| 2027 | $13,585.64 | $16,114.39 |
| 2028 | $19,147.09 | $22,943.71 |
Pal believes that Bitcoin could go as high as $1 million by 2025. As of now, $1,000 is worth around 0.0155 BTC. If BTC were to go to $1 million, 0.0155 Bitcoin would be worth $15,500. This would mark a return of 1,450%.
By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500. The current year will witness the Dencun upgrade, which is anticipated to positively boost the value of ETH.
With bitcoin hitting new highs, it'll likely reach the US$100,000 milestone before 2024 is out.
Known for her innovative investment approach, Cathie Wood predicts Bitcoin will surpass $1 million sooner than her previous estimate of 2030.
If Bitcoin hits the $1 million price target by Wood in 2030, the $100 investment would turn into $6,070. This represents a gain of 5,970% from now until 2030.
Is 2024 good year for crypto?
Data as of November 30, 2023. Note: 2023 and 2024 based on Wall Street analysts' estimates via Bloomberg. With the crypto bull market returning—and the use of stablecoins rapidly expanding into payments and remittances—we think 2024 will be another major year of growth.
- Cryptos With Explosive Potential: Ethereum (ETH-USD) ...
- XRP (XRP-USD) ...
- Cryptos With Explosive Potential: Cardano (ADA-USD) ...
- Dogecoin (DOGE-USD) ...
- Shiba Inu (SHIB-USD) ...
- NEAR Protocol (NEAR-USD)
A key monetary policy shift from the US Federal Reserve further bolsters the optimistic outlook for the cryptocurrency market in 2024, Baktyary says. “The US Federal Reserve's decision to stop hiking interest rates will likely produce good results for all markets, crypto included,” he says.
This blockchain network has seen its price soar historically. If you were smart enough to invest $1,000 in Ethereum five years ago in early 2019, you'd be sitting on a balance of $21,500 today. That translates to a ridiculously large gain of over 2,000%, which crushes the broader Nasdaq Composite index.
However, if liquidity improves gradually and blockchain takes off much more slowly, Ethereum Price is likely to reach $15000 by 2033. Ethereum at $50k will have a market cap of $4 Trillion. In theory, this is possible.
Bitcoin remains the most highly valued cryptocurrency. Bitcoin has seen greater acceptance by traditional finance, evidenced by the approval of spot Bitcoin ETFs in 2024. Ethereum can support smart contracts, software programs that execute automatically when certain conditions are met.
Our most recent Bitcoin price forecast indicates that its value will increase by 13.68% and reach $71,230 by April 19, 2024.
Ethereum (ETH) Price Prediction 2030
According to your price prediction input for Ethereum, the value of ETH may increase by +5% and reach $ 4,070.20 by 2030.
Bitcoin predictions
Bitcoin price movements are notoriously difficult to predict, especially over weeks or months at a time. But momentum seems bullish in 2024, and there is evidence the bitcoin rally still has legs.
"[Ether] could very well go above $8,000, $10,000 this year, maybe even higher," said Leon in an interview with CoinDesk Markets Daily. "Bitcoin has sucked up all the attention with the bitcoin ETFs launching, but [ETH] has at least two major catalysts that will come into focus," Leon noted.
Does Ethereum have a future?
With this in mind, our Ethereum price prediction forecasts that Ethereum could increase as much as 120% from its current ATH, leading ETH it to highs of $10,700 by the end of 2025. Our average expected Ethereum coin price forecast is $7,600 and we predict potential lows of $4,500 in 2025.
Price prediction for ETH in 2025
Bitcoin and many altcoins are also expected to reach historic all-time highs 12-18 months after these halving events, so 2025 may be the year we see these increases. Based on these projections, ETH might achieve an all-time high of $6,600, a new low of $2,800, and an average of $3,200.
Historically, long-term Bitcoin investors have been rewarded for their patience, riding out significant price fluctuations to see considerable profits. If you originally invested because you believed in Bitcoin's long-term value, then selling during a downturn may contradict your original investment strategy.
Bitcoin (BTC) Price Prediction 2040
By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040. Conversely, if the market turns bearish, the minimum price level of BTC Coin could fall down to $5,42,838.40 by 2040.
Fidelity Predicts: $1B per 1 BTC by 2038 — 2040
Jurrien Timmer, the Director of Global Macro at Fidelity Investments, thinks the value of a single Bitcoin could reach $1 billion by the year 2038 — very close to our Bitcoin price prediction 2040 target date. Timmer's demand model is rooted in Metcalfe's Law.
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