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Cryptoanalyst Michael van de Poppe predicts that Ethereum (ETH) could surpass Bitcoin (BTC) in January 2025. This prediction is based on a key factor that could trigger an “altcoin run” and attract more investment to the Ethereum ecosystem. .
Ethereum could overtake Bitcoin in January 2025
Michael van de Poppe recently expressed optimism about the performance of Ethereum (ETH) against Bitcoin (BTC) in January 2025. According to him, the relative strength of Ethereum against Bitcoin could increase significantly. Currently, the ETH/BTC ratio is at 0.0356, but van de Poppe predicts that it could cross 0.04 in January.
The last time this ratio reached 0.04 was on December 8, when Ethereum was trading just above the psychological level of $4,000. This prediction is based on the observation that ETH is showing signs of breaking out against BTC, which could attract more crypto investment into ETH.
Impact on the altcoin market
Van de Poppe predicts that this increase in Ethereum’s relative strength could lead to a consolidation of Bitcoin’s price while investment flows into ETH. This could potentially trigger an “altcoin run” in the ETH ecosystem, where other Ethereum-based crypto tokens such as Shiba Inu (SHIB) and Mantle (MNT) could also rise in price.
In addition, some analysts believe that Ethereum-based exchange-traded funds (ETFs) could surpass even those based on Bitcoin in 2025. Nate Geraci, president of the ETF Store, said net flows into ETH ETFs are currently in good shape for Gold ETFs, and he expects those flows to accelerate.
This perspective is shared by other cryptoanalysts who see ETH as an undervalued asset and expect its value to increase in the long term.
In short, the predictions of Michael van de Poppe and other analysts indicate a promising time for Ethereum in January 2025. If these predictions come true, ETH could not only surpass Bitcoin in relative performance, but also fuel further significant growth in the entire altcoin ecosystem.
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The world is evolving and adaptation is the best weapon to survive in this wavy universe. Essentially a crypto community manager, I am interested in anything directly or indirectly related to blockchain and its derivatives. To share my experiences and raise awareness of a field that fascinates me, there is nothing better than writing articles that are both informative and relaxing.
DISCLAIMER OF LIABILITY
The comments and opinions expressed in this article are solely those of the author and should not be considered investment advice. Before making any investment decision, do your own research.