Conventional Chartered Forecasts: By Year-End, Bitcoin Could Hit $200,000 and Ethereum $10,000

**Conventional Chartered Forecasts: By Year-End, Bitcoin Could Hit $200,000 and Ethereum $10,000**

* Bitcoin values have surpassed the significant $100,000 threshold.
* The Trump government is still quiet about cryptocurrency policy.
* Experts are still anticipating a bull market this year.

Following Bitcoin’s surpassing of the six-figure milestone a year prior, investors had cause to anticipate market stabilization.

However, that chance seems improbable.

Bitcoin prices rose dramatically on Thursday afternoon, UK time, rising more than 13% thus far this year and once more nearing a record high of over $108,000.

Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, advised investors to purchase, despite the fact that this may be comparatively moderate for Bitcoin nowadays.

The Trump administration has pledged to implement cryptocurrency-friendly policies in the upcoming year, which is why.

**ETF Fund Inflows**

Kendrick stated in a report on Wednesday that once these regulations are in place, more institutional investors will enter.

He stated that “The dominance of institutional money flowing into ETFs may support the performance of Bitcoin and Ethereum,” forecasting that Bitcoin’s price will reach $200,000 and Ethereum’s price will reach $10,000 by the end of this year.

The cryptocurrency market, however, may see one or two drops in the near future. Investors lack a new narrative to fuel market optimism because Trump has not yet put any cryptocurrency policies into effect.

Ed Hindi, Chief Investment Officer of cryptocurrency hedge fund Tyr Capital, stated to DL News: “The US labor market is performing better than expected, which is bad news for Bitcoin in the short term because it reduces the pressure on the Federal Reserve to cut interest rates.”

Hindi predicts that Bitcoin will reach $250,000 this year, but investors shouldn’t anticipate a quick increase.

**Federal Reserve Gathering**

**Conventional Chartered Forecasts: By Year-End, Ethereum Could Hit $10,000 and Bitcoin Could Hit $200,000**

* Analysts are still anticipating a bull market this year.
* Bitcoin values have surpassed the $100,000 threshold.
* The Trump government is still quiet about cryptocurrency policy.

Following Bitcoin’s surpassing of the six-figure milestone a year prior, investors had cause to anticipate market stabilization.

However, that chance seems improbable. Bank of America Analysis: Despite Inflationary Anxieties, US Citizens Intend to Indulge

Bitcoin prices rose dramatically on Thursday afternoon, UK time, rising more than 13% thus far this year and once more nearing a record high of over $108,000.

Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, advised investors to purchase, despite the fact that this may be comparatively moderate for Bitcoin nowadays.

The Trump administration has pledged to implement cryptocurrency-friendly policies in the upcoming year, which is why.

**ETF Fund Inflows**

Kendrick stated in a report on Wednesday that once these regulations are in place, more institutional investors will enter.

He stated that “The dominance of institutional money flowing into ETFs may support the performance of Bitcoin and Ethereum,” forecasting that Bitcoin’s price will reach $200,000 and Ethereum’s price will reach $10,000 by the end of this year.

The cryptocurrency market, however, may see one or two drops in the near future. Investors lack a new narrative to fuel market optimism because Trump has not yet put any cryptocurrency policies into effect.

Ed Hindi, Chief Investment Officer of cryptocurrency hedge fund Tyr Capital, stated to DL News: “The US labor market is performing better than expected, which is bad news for Bitcoin in the short term because it reduces the pressure on the Federal Reserve to cut interest rates.” Story Protocol versus BlockDAG: A Confrontational Contest

Hindi predicts that Bitcoin will reach $250,000 this year, but investors shouldn’t anticipate a quick increase.

**Federal Reserve Gathering**

Per 10x Research experts, Bitcoin has been observing three notable occasions: the CPI data distribution, Trump’s introduction, including the following gathering of the Federal Open Market Committee (FOMC), which is basically the Fed’s financial approach dynamic body.

Two of those occasions are previously previously. The Fed’s gathering on January 29th is the one everyone is hanging tight for to check whether they will diminish loan fees. A rate decrease would be a decent sign for more dangerous resources like stocks and crypto.

Despite the fact that the market has been expecting a few rate decreases to get expansion under control, the Fed implied in December that they may be changing course. As per the CME Group’s FedWatch Tool, it is impossible we will see a rate decrease at this impending FOMC meeting.

Government reserves prospects merchants are wagering that the Fed will not report any rate decreases until basically July.

**”An invigorating year for Crypto”**

In any event, with Bitcoin and crypto missing upward force, market spectators are saying 2025 will be a major year.

“The market is intently watching improvements, not just administrative lucidity but additionally how [Trump’s] organization sees Bitcoin as a vital save resource,” Seamus Rocca, President of Bitcoin bank Xapo Bank, told DL News.

Like Rocca, a few different experts are saying that Trump’s demeanor toward the business is significant.

“Trump will transform a portion of his crypto talk into activity in his initial 90 days in office, and that will drive costs up,” Hindi said.

“Laying out a U.S. Bitcoin key hold would be one of them [and] different nations will be compelled to follow after accordingly, making a moral cycle of cost increments.”

**Crypto Market Development**

Bitcoin is up 1.3% in the beyond 24 hours, hitting $105,975. Ethereum is down somewhat in a similar period, exchanging at $3,274.

Heres a swift summary of the newest excitement in the digital currency sphere:

* **Trump Digital Coin Craze:** *DL News* indicates that approximately 50% of individuals venturing into Trump-inspired meme tokens are newcomers to the Solana network. It appears the publicity is attracting new participants!
* **Vitalik’s Non-Fungible Token Influence:** At *Unchained*, they are exploring how Vitalik Buterin’s selections of NFTs have ignited a discussion regarding a “wartime mode” for Ethereum.
* **In Case You Missed It:** *Milk Road* provides a summary of 8 significant occurrences from the prior day.
* **Obol Collective Token Distribution:** Be alert! *Unchained* states that Obol Collective, concentrating on decentralizing Ethereum’s staking process, is preparing for a token distribution.
* **Ledger Creator Secure:** Positive information from *DL News* – the Ledger co-creator who had been abducted has been saved, and French law enforcement is pursuing the offenders.

*Osato Avan-Nomayo is *DL News’s* Nigeria-based Decentralized Finance journalist, reporting on everything related to DeFi and technology. Have a suggestion? Contact him at [email protected].*