VanEck expects the cryptocurrency bull market to hit a “medium-term peak” in the first quarter of 2025 before surging to all-time highs by the end of the year, the asset manager said in a Dec. 13 blog post.
“At the cycle’s apex, we project Bitcoin (BTC) to be valued at around $180,000, with Ethereum (ETH) trading above $6,000,” VanEck said in a blog post authored by head of digital asset research Matthew Sigel.
“Other prominent projects, such as Solana (SOL) and Sui (SUI), could exceed $500 and $10, respectively,” the post said.
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