The debate on whether Ethereum could outperform Bitcoin in 2025 is intensifying. Mike Novogratz, CEO of Galaxy Digital, claims that growing institutional interest and Ethereum's limited supply are key factors.
Rising Interest in Ethereum
According to Mike Novogratz, Ethereum is no longer just attracting small traders. Major institutional investors, such as SharpLink Gaming and BitMine Immersion Technologies, are leading significant purchases of Ethereum, indicating rising interest. These companies have acquired over 360,000 ETH, opening new prospects for Ethereum in the market.
Macroeconomic Trends and Their Impact
Mike Novogratz points out that current macroeconomic conditions, such as low interest rates and high inflation, create a favorable environment for Ethereum. This, in turn, may lead to an increase in its value. He believes that Ethereum usually reacts more quickly to market changes compared to Bitcoin, which is primarily viewed as digital gold.
Long-Term Outlook for Bitcoin
Despite the growing interest in Ethereum, Bitcoin still holds its importance as a long-term asset. According to Novogratz, if current market trends continue, Bitcoin could also reach $150,000, reinforcing its status as a reliable store of value.
In the debate over whether Ethereum could surpass Bitcoin in 2025, factors such as demand and supply constraints of Ethereum take center stage. However, Bitcoin remains a significant player in the market.