The world’s largest cryptocurrency, Bitcoin (BTC), is expected to grow over the next couple of months. Several believe the king coin can move beyond the $100,000 mark and surge to a high of $150,000. In addition, it is most likely that BTC will take altcoins like Ripple’s XRP, Solana, and others to a greater height in terms of price.
Also Read: BRICS Propose Use of Bitcoin for International Payments at 2024 Summit
When Will BTC Hit $150,000?
Bitcoin was trading at $67,728.52, with a spike of 0.97% over the past 24 hours. It should be noted that BTC has been struggling to surge beyond the $70,000 level for a while now, but the highest it rose to was $69,000.
To surge to a high of $150,000, BTC will have to rise by 121% from its current price level. While this might seem like a huge task, it should be noted that Bitcoin has surged by 100% over the past year. According to data from CoinCodex, BTC will start the coming year at $101,117. The asset will rise to a high of $159,134 in May 2025.
Also Read: How to Buy Crypto with Absa?
Looking Into The XRP Market
Ripple’s XRP has witnessed immense volatility over the past week. At press time, the altcoin was trading at $0.5143. Sadly, XRP saw a seven-day drop of 6.19%.
The last time XRP hit the $1 mark was back in 2021. Data from CoinCodex revealed that during the same time, BTC hits $150,000, which is May 2025, XRP will surge to a high of nearly $1. To be precise, the altcoin will trade at $0.985717. This further marks a 91% rise from its current price level.
An analyst who goes by Charting Guy made a more ambitious price prediction. According to the expert, XRP might reach $8 to $13 in the first quarter of 2025. Interestingly, Bobby A, another market observer, has consistently predicted that XRP will trade between $8 and $13.
Also Read: BRICS: 85% Trade Settled in Local Currencies, Not US Dollar
Credit: Source link