Ethereum will outshine Bitcoin in this January?

-

Analysts are buzzing with excitement over the prospect that Ethereum will outperform Bitcoin in the first quarter of 2025.

After a rather quiet 2024, where Ethereum only managed a 47% gain and struggled to break past the $4,000 level, it seems things might be looking up.

Resistance is futile?

While Bitcoin celebrated a 120% growth to hit a new ATH in mid-December, Ethereum is gearing up for its moment in the spotlight a month later.

Analysts believe that as Bitcoin has been consolidating, Ethereum is primed for action. As one analyst, known as “Daan Crypto Trades,” noted on X, ETH typically sees a lot of movement in Q1, even during previous downturns against BTC.

Right now, the ETH/BTC ratio sits at 0.035, but there’s hope for improvement, because historically, when Ethereum has made big moves in past bull markets, like in 2020 and 2021, it often started an altcoin season.

Predictions everywhere

Ethereum community advisor Anthony Sassano is feeling optimistic too, and predicts that ETH could skyrocket to $15,000 this year, largely thanks to anticipated inflows from Ether ETFs, which he estimates could hit $50 billion.

He also mentioned that major financial institutions are starting to build on Ethereum and that even some countries may reveal they hold ETH as part of their treasury assets.

And it’s not just Sassano who’s bullish, as Steno Research forecasted that ETH prices could reach $8,000 in 2025 amid growing optimism for an upcoming altseason.

As we step into 2025, Aave founder Stani Kulechov highlighted the upcoming Pectra upgrade, which will enhance user experience by allowing accounts to function like smart contracts. This upgrade could be a game-changer for Ethereum’s usability.

Market forces

In the time of writing, ETH is trading around $3,400, but it has been stuck trading sideways since its drop from $4,000 back on December 20. Despite this stagnation, many believe that January could bring fresh momentum.

With historical trends showing that Ethereum often performs well in Q1, averaging a 92% increase since 2017, there’s plenty of reason to be excited.

If the predictions hold true and institutional interest continues to grow, we might just witness Ethereum take center stage while Bitcoin takes a backseat.

Have you read it yet? XRP volume skyrockets in South Korea

LATEST POSTS

Trump’s meme token skyrockets 70% after VIP dinner invite

The $TRUMP token just pulled a stunt that sent its price jumping over 70%. Why? Because the former president’s throwing a fancy gala dinner for...

Memecoins are on fire, but Dogecoin losing its crown?

You ever see a pack of wild dogs fighting over a steak? That’s what the memecoin market looked like this week. Outta nowhere, boom, the...

Kuwait’s crypto crackdown is here, mining, trading, and dreaming are all off the table

If you thought Kuwait was about to roll out the red carpet for crypto miners and traders, you’re in for a rude awakening. The Ministry...

South Africans face new crypto transfer rules

Binance making moves in South Africa that’ll have every crypto hustler double-checking their paperwork. Starting April 30, Binance isn’t just asking for your name and...

Most Popular

Guest posts