Ethereum To Outperform Bitcoin, Fund Managers Set $8,000 Target
The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the decentralized finance (DeFi) ecosystem. Why Ethereum Could Outperform Bitcoin Raoul Pal, Founder and CEO of Global Macro Investor, articulated his perspective on ETH’s potential resurgence in a post that has garnered significant attention....
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Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year.
Bitcoin’s Price Estimate by Crypto Fund Managers
PWC, a Big Four accounting firm, published its “4th Annual Global Crypto Hedge Fund Report” last week. It was produced together with the Alternative Investment Management Association (AIMA) and Elwood Asset Management (now part of Coinshares).
The data in the report comes from a survey....
Ethereum may outperform bitcoin, the Republic of Liberland shows interest in Dash, and an altcoin hub turns one. Want to catch up on your latest altcoin news? Read the stories below. ETHEREUM. Ethereum could potentially outperform bitcoin towards the end of the year. One analyst points out that a recent panic selling of bitcoin spurred from the recent drop in its price due to regulatory rumours stemming from China. Bitcoin swung around sporadically on the charts, only to rapidly rise back up and enter a trading haven of around $730 earlier this week. The analyst claims that while such a....