Ethereum’s Potential Value Surge Linked to Bitcoin’s Price
Ethereum’s market value has historically reached about 35% of Bitcoin’s during past cycles, suggesting it could hit $8,500 if this trend continues and Bitcoin reaches $150,000.
A trader’s analysis indicates that Ether could exceed $8,600 if Bitcoin makes a significant move to $150,000. “In major bull runs, ETH typically accounts for 30-35% of Bitcoin’s market cap,” said crypto trader Yashasedu in a post on X. They noted that during the 2021 bull run, Ether peaked at 36% of Bitcoin’s market capitalization.
Analysts Predict Bitcoin to Surpass $150,000
Yashasedu pointed out that if Bitcoin climbs to $150,000—a roughly 25% increase from its current price of $119,335—ETH could soar to $8,656, assuming it reaches 35% of Bitcoin’s market cap, as observed in previous cycles. Even at a lower estimate, if ETH captures 21.70% to 30% of Bitcoin’s market cap at that price point, it could range between $5,376 and $7,420
Based on historical patterns, Ether may reach as high as $8,656 if Bitcoin taps $150,000.. Source: Yashasedu
Yashasedu believes the pattern of Ether reaching 30% to 35% of Bitcoin’s market cap is likely to repeat. “We’re observing a similar setup now,” they noted, highlighting that Ethereum’s total value locked (TVL) recently surpassed $90 billion, alongside increasing institutional interest and growing demand for Ether ETFs.
Institutional and ETF Demand Boosts Outlook
Several crypto analysts and firms anticipate that Bitcoin will exceed $150,000 by year-end. Notable figures like Fundstrat co-founder Tom Lee and BitMEX co-founder Arthur Hayes predict Bitcoin could even reach $250,000 by the end of 2025.
On Tuesday, BitMine Immersion Technologies announced plans to raise up to $20 billion for ETH purchases. The day before, spot Ether ETFs experienced their largest net inflows ever, totaling $1.01 billion across all funds.
In the short term, there is strong anticipation that Ether will soon reclaim its all-time high, currently trading at $4,630—about 5.35% below its November 2021 peak of $4,878 according to CoinMarketCap. Yashasedu does not expect a “cool off” in Ether’s price until it hits the all-time high. MN Trading Capital founder Michaël van de Poppe echoed this sentiment, predicting a new ATH for ETH followed by some consolidation.
Source: Cointelegraph Edited by Bernie S.
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