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Ethereum Market Takeover: Expert Predicts Surge To $14,000 In Six Months

Bitcoinist LogoBitcoinist12h ago

Ethereum Market Takeover: Expert Predicts Surge To $14,000 In Six Months - Bitcoinist

Quick Summary:

In a thread on X today, January 20, Dennis Liu (@VirtualBacon0x), a general partner at Momentum 6, laid out a bold forecast for Ethereum (ETH), suggesting the world’s second-largest cryptocurrency could reach a price target of $14,000 by the end of 2025.

Institutional optimism surged after Trump’s election win in Nov 2024, driving ETF inflows.” He concludes that “pro-crypto policies will directly benefit Ethereum-focused DeFi.

Liu also highlights potential pro-ETH sentiments from the Trump administration, referencing the former president’s NFT collections and DeFi platform built on Ethereum: “His NFT collections and DeFi platform are built on Ethereum.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 18:30:15 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 608 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25292463

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Official Website: bitcoinist.com

Update Frequency: 13 posts per day

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News Last Updated: 13 hours ago

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Publisher ID: #105

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