Ethereum (ETH) Price Prediction: Analyst Eyes $8,500 Target as Standard Chartered Ups Forecast

analysis of the Ethereum (ETH) price prediction, with analysts forecasting a potential rally to $8,500.

  • Ethereum could rally to $8,500 by the end of 2025.
  • ETH often reaches 30 – 35% of Bitcoin’s market cap during major bull runs.
  • Many analysts expect Bitcoin to grow past $150,000 by the end of 2025.

According to a crypto trader’s analysis of past bull runs, Ethereum’s price could climb above $8,500 if Bitcoin reaches the $150,000 milestone. 

The trader based his analysis on a mathematical calculation, which revealed that ETH often reaches 30 – 35% of Bitcoin’s market cap during major bull runs.

Institutional interest is boosting Ethereum’s demand

The renowned trader’s submission has set the crypto community buzzing amid a surge in Ethereum’s price. The cryptocurrency moved closer to its all-time high after gaining over 10% within the past 24 hours. ETH climbed above $4,600 and traded for $4…

The post Ethereum (ETH) Price Prediction: Analyst Eyes $8,500 Target as Standard Chartered Ups Forecast appeared first on Coin Edition.

Source: https://coinedition.com/ethereum-price-analyst-eyes-8500-target-as-standard-chartered-ups-forecast/