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The Defiant 2025-01-08 20:31:48

Steno Research Predicts Bitcoin and Ethereum Will Hit $150,000 and $8,000 This Year

A senior crypto analyst at Steno Research, Mads Eberhardt, predicts that Bitcoin and Ethereum prices will rise to $150,000 and $8,000 in 2025 due to favorable crypto regulation, historical performance post-Bitcoin halving, positive exchange-traded fund (ETF) inflows, and a supportive macroeconomic climate. According to the report , Eberhardt expects ETFs to continue their impressive trajectory from 2024, with Bitcoin ETFs experiencing net inflows of $48 billion throughout the year, while Ethereum ETFs will attract inflows worth $28.5 billion, mainly due to approval for staking in some of the funds. Furthermore, Eberhardt predicts Ethereum will outperform Bitcoin in 2025, following historical precedent. Eberhardt believes Ethereum could replicate its 2021 performance when the ETH/BTC pair surged by over 100% in less than a month. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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