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VanEck foresees $180k Bitcoin by Q1 2025 in dual-peak bull market

VanEck predicts dual peaks in 2025, with Bitcoin hitting $180,000 and Ethereum reaching $6,000 in the first leg up during the first quarter.

CryptoSlate

Dec 14

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Happy Saturday!

Today's cryptocurrency headlines feature significant predictions and critical discussions that have the potential to reshape the market landscape. VanEck is stirring excitement by forecasting that Bitcoin could surge to $180,000 and Ethereum to $6,000 by Q1 2025, marking the beginning of a dual-peak bull market. Meanwhile, a Japanese lawmaker is advocating for the country to consider Bitcoin reserves as Japan reassesses its economic strategy in a competitive global environment. In the tech sector, OpenAI is pushing back against Elon Musk's lawsuit, reminding critics of his previous support for their profit-driven approach. Dive into these developments and more in today’s newsletter!

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The global crypto market cap is $3.61 trillion, with a 24-hour volume of $143.16 billion. The price of Bitcoin is $101,574.44, and BTC market dominance is 55.7%. The price of Ethereum is $3,884.57, and ETH market dominance is 12.9%. The best-performing sector is Agriculture, which gained 26%. The Crypto Fear & Greed Index is currently Greed (83).