Bitcoin BTC and Ether ETH Both Set to Crush All-Time Highs
Steno Research has released a research note projecting that Bitcoin BTC and Ether ETH are poised to reach unprecedented highs. According to the report, Bitcoin is expected to surpass the $150,000 mark, while Ether ETH will aim for an impressive $8,000. These forecasts are based on a combination of favorable regulatory environments, macroeconomic conditions, technological advancements, and institutional adoption.
Favorable Regulatory Environment
The report highlights that a favorable regulatory environment is a key driver behind these predictions. The post-Bitcoin-halving period has been marked by strong performance, providing a positive foundation for future growth. Steno Research notes that the current state of regulations in various countries shows increasing support for cryptocurrencies.
Macroeconomic Climate
The macroeconomic climate is another critical factor influencing the forecasts. A decline in interest rates and improved liquidity are seen as significant catalysts for increased adoption. This creates an ideal environment for both Bitcoin and Ether to thrive in 2025.
Institutional Adoption and ETF Inflows
institutional adoption is expected to reach unprecedented levels, with significant inflows into U.S.-based Bitcoin and Ethereum ETFs. These developments are anticipated to further bolster the market’s growth trajectory.
Altcoin Surge Anticipated in 2025
Steno Research predicts that 2025 will be a transformative year for altcoins, particularly Ether ETH. The report anticipates a significant outperformance of Bitcoin, with the ETH/BTC ratio projected to rise to at least 0.06. This represents nearly double its current level of approximately 0.035.
Influence of Trump’s Presidency
The analysis suggests that Donald Trump’s U.S. presidential victory may play a pivotal role in propelling altcoins forward. Steno Research argues that Trump’s influence on the market is more favorable to altcoins than to Bitcoin, citing robust onchain activity as a key driver.
Bitcoin Dominance Projected to Decline
Bitcoin’s dominance is expected to decrease from its current levels of nearly 57% to around 45% in 2025. This shift reflects the growing market share of alternative cryptocurrencies and altcoins, which are gaining prominence due to favorable conditions.
Total Value Locked (TVL) Surges
The report forecasts that the total value locked TVL in decentralized applications will top $300 billion by year-end, surpassing 2021’s highs of approximately $180 billion. This projection underscores the growing importance of DeFi protocols in the cryptocurrency ecosystem.
institutional optimism and Market Sentiment
institutional optimism is a key factor driving these forecasts. Asset managers like Grayscale are actively expanding their focus on DeFi and altcoins, with notable additions to their portfolios recently.
U.S. as a Crypto Hub
The U.S. is projected to become a global leader in the cryptocurrency space, supported by favorable regulatory decisions and robust macroeconomic conditions. This strategic position will further enhance the growth trajectory of cryptocurrencies in 2025.
Conclusion
Steno Research’s predictions for 2025 highlight a promising outlook for the cryptocurrency market, with Bitcoin and Ether poised for significant growth. The combination of favorable regulations, institutional adoption, technological advancements, and a surge in altcoin activity creates an ideal environment for these forecasts to materialize.
