Ethereum Prediction Drops 35%, Experts No Longer See $7K in 2025
- Bitwise drops Ethereum forecast from $7,000 to $4,500.
- Weaker retail interest and market uncertainty slowed ETH’s momentum.
- Firm still believes ETH can revisit previous all-time high.
Bitwise’s Head of Research recently shared a mid-year update on the firm’s 2025 price predictions for Bitcoin, Ethereum, and Solana.
At the start of the year, Bitwise shared bold targets for these top cryptocurrencies, expecting a strong market rally. Now, six months later, the expert returned to discuss what’s changed, what’s holding steady, and how the current market conditions have impacted those forecasts.
On the Milkroad podcast, Ryan Rasmussen said that while the price predictions are never exact, the firm is still confident about Bitcoin reaching $200,000. “We’re holding strong on Bitcoin,” he confirmed.
However, Bitwise has revised its earlier targets for Ethereum and Solana. The firm had previously predicted $7,000 for Ethereum, but now expects it to reach its previous all-time high of just over $4,500 by year-end.
Related: Ethereum Is Becoming the ‘Master Ledger’ for Finance, Says Co-Founder Joseph Lubin
Solana, w…
The post Ethereum Prediction Drops 35%, Experts No Longer See $7K in 2025 appeared first on Coin Edition.
Read More
Ethereum Prediction Drops 35%, Experts No Longer See $7K in 2025
- Bitwise drops Ethereum forecast from $7,000 to $4,500.
- Weaker retail interest and market uncertainty slowed ETH’s momentum.
- Firm still believes ETH can revisit previous all-time high.
Bitwise’s Head of Research recently shared a mid-year update on the firm’s 2025 price predictions for Bitcoin, Ethereum, and Solana.
At the start of the year, Bitwise shared bold targets for these top cryptocurrencies, expecting a strong market rally. Now, six months later, the expert returned to discuss what’s changed, what’s holding steady, and how the current market conditions have impacted those forecasts.
On the Milkroad podcast, Ryan Rasmussen said that while the price predictions are never exact, the firm is still confident about Bitcoin reaching $200,000. “We’re holding strong on Bitcoin,” he confirmed.
However, Bitwise has revised its earlier targets for Ethereum and Solana. The firm had previously predicted $7,000 for Ethereum, but now expects it to reach its previous all-time high of just over $4,500 by year-end.
Related: Ethereum Is Becoming the ‘Master Ledger’ for Finance, Says Co-Founder Joseph Lubin
Solana, w…
The post Ethereum Prediction Drops 35%, Experts No Longer See $7K in 2025 appeared first on Coin Edition.
Read More