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Donald Trump may provoke the dominance of Ethereum over Bitcoin

3:39 pm, January 3, 2025

Analysts at Steno Research predict that Donald Trump’s presidency may contribute to a faster growth of the Ethereum ETH $3,616.79 Bridged Ether (StarkGate) 0.81% Market capitalization $0.33 billion VOL. 24 hours $1 billion rate compared to bitcoin BTC $97,587.51 Bitcoin -0.67% Market capitalization $1.93 trillion VOL. 24 hours $1.15 billion . Experts expect bitcoin to reach $ 150,000, while ethereum will rise from $ 3,400 to $ 8,000, and the ETH/BTC ratio will reach 0.06. This is in line with past price trends.

According to analysts, Trump’s victory may stimulate investor interest in altcoins, which will reduce bitcoin’s dominance to 45%. The total value of decentralized applications is expected to reach $ 300 million, and institutional adoption of cryptocurrencies will reach new levels.

Earlier, Matrixport pointed out the risks to the long-term growth of bitcoin, including the limited supply of the first cryptocurrency.

In addition, discussions about quantum computing and its impact on bitcoin security also remain relevant. Google recently unveiled the Willow quantum chip, which could potentially threaten the cryptographic security of bitcoin, although the technology is still in its early stages of development.

Despite the possible risks, Matrixport is optimistic about bitcoin’s prospects for 2025. According to their forecasts, the cryptocurrency rate could reach $ 160,000, as most regulatory issues in the US have been almost resolved and should not affect investor sentiment.

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BTC

$97,587.51

-0.67%

ETH

$3,616.79

0.81%

BNB

$709.57

-0.66%

XRP

$2.42

-1.52%

SOL

$213.85

-2.59%

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