Survey: Investors expect crypto market to peak in second half of 2025
2024-11-12 03:43
Odaily News Web3 investment agency MV Global said based on a survey of 77 large cryptocurrency investors (including venture capital institutions, hedge funds and high net worth individuals) that investors expect the bull market in cryptocurrencies to continue until 2025 and peak in the second half of the year. Tom Dunleavy, managing partner of MV Global, pointed out: "This seems to be a very popular view, so it is likely to have been digested by the market." MV Global said that it expects the price of Bitcoin to reach $100,000 to $150,000. In addition, the survey showed that investors are particularly optimistic about Solana, with 30% of investors predicting that its price will peak at more than $600 before the end of this cycle. "Almost all the allocators we interviewed are unanimously optimistic about Solana," said Dunleavy. However, respondents have mixed views on Ethereum. One-third of investors expect ETH to rise only slightly, with the highest price between $3,000 and $5,000, and another third of investors believe that ETH will reach $7,000 before the end of the market cycle. (Cointelegraph)
