"Standard Chartered Predicts Ethereum to Reach $14,000 and Bitcoin to Hit $150,000"
TL;DR Summary
Standard Chartered analysts predict that Ethereum (ETH) could reach $14,000 by 2025, driven by the potential introduction of Spot ETH Exchange Traded Funds (ETFs) and the recent Ethereum upgrade. They anticipate a surge to $8,000 by the end of 2024 and $14,000 by 2025 if the SEC approves Ethereum Spot ETFs, projecting $45 billion in market inflows. Analysts believe that approval could lead to a significant rise in ETH's price, similar to the impact of Bitcoin ETF approval.
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- Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K CoinDesk
- Is Bitcoin ready for new all-time high now that excessive leverage is gone? Cointelegraph
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