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Galaxy’s Bold Prediction: Ethereum Could Reach a Whopping $5,500 by 2025
In a stunning revelation, Mike Novogratz’s company, Galaxy Digital, has made a bold prediction regarding the future price of Ethereum. According to the firm, Ether could potentially reach an astonishing $5,500 in 2025.
Galaxy’s analysts have been keeping a close eye on the cryptocurrency market and believe that the growing adoption of decentralized finance (DeFi) applications, as well as the increasing interest from institutional investors, will drive the price of Ethereum upward.
In addition to this prediction, Galaxy also forecasts that Bitcoin could potentially reach $185,000 in 2022, with the possibility of surpassing the $150,000 mark by the first half of 2025. This would be a remarkable increase for the largest cryptocurrency by market capitalization and underscores the increasing influence of institutional investors on the market.
Galaxy’s prediction is based on a number of factors, including increased adoption from major financial institutions and governments, as well as a significant shift in investor sentiment towards digital assets.
Source: u.today
