Arthur Hayes, co-founder of BitMEX, has revealed his end-of-2025 price predictions for Bitcoin and Ethereum, highlighting substantial growth potential.
Price Predictions and Rationales
In his latest assessment, Hayes expressed that Bitcoin could reach $250,000 by the end of 2025 and set a year-end target of $10,000 for Ethereum. These predictions suggest a possible surge in the cryptocurrency sector beyond expectations.
Interest in Ethereum and Market Dynamics
Hayes noted a resurgence of interest in Ethereum, driven by institutional investor support. This may create positive market sentiment and could apply upward pressure on prices. He suggests that developments in decentralized finance might enhance Ethereum's network utilization and value.
Current Prices and Market Performance
At the time of publication, Bitcoin was trading at $117,982, while Ethereum was at $3,572. Both assets experienced losses over the past 24 hours despite short-term market fluctuations.
Price targets from Arthur Hayes attract interest; however, the future performance of crypto assets relies on various factors, including institutional interest and technological developments.