Cryptocurrency trader Yashasedu wrote in a post on X on the 12th, "During major bull runs, Ethereum typically reaches a level of 30-35% of Bitcoin's market cap.
"It's a big step forward," he explained, citing the precedent of Ethereum rising to 36% of Bitcoin's market capitalization during the 2021 bull run.
Yasha Sedu said Bitcoin is currently trading at $119,335.
If Ethereum were to rise by about 25% from that point to reach $150,000, and if Ethereum were to reach 35% of Bitcoin's market capitalization as it has in the past, the price could rise to about $8,656.
Even if the ratio remains at the low 21.70%-30% level, Ethereum price could reach a range of $5,376 to $7,420, according to the analysis.
He added, "We see a repeat of the pattern of Ethereum reaching 30-35% of Bitcoin's market capitalization."
"The total deposit assets (TVL) of the system has exceeded $90 billion, and demand from institutional investors and Ethereum exchange-traded funds (ETFs) is surging," he emphasized.
Many believe Bitcoin will surpass $150,000 by the end of the year.
Tom Lee, co-founder of BitMEX, Arthur Hayes
Hayes, and Joe Barr, research director at Unchained
Joe Burnett and others have pointed out that Bitcoin could reach up to $250,000 by the end of 2025.
2025/08/13 17:38 KST
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