{"id":32342,"date":"2023-11-11T12:52:36","date_gmt":"2023-11-11T16:52:36","guid":{"rendered":"https:\/\/cryptocornercafe.com\/cafe\/?p=32342"},"modified":"2023-11-11T12:52:36","modified_gmt":"2023-11-11T16:52:36","slug":"panel-of-market-experts-predicts-when-ethereum-price-will-cross-14000","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/11\/11\/panel-of-market-experts-predicts-when-ethereum-price-will-cross-14000\/","title":{"rendered":"Panel Of Market Experts Predicts When Ethereum Price Will Cross $14,000"},"content":{"rendered":"<p>Finder\u2019s board of crypto market experts has predicted a positive long-term increase in the price of Ethereum in 2023, 2025, and 2030.\u00a0<\/p>\n<h2>Ethereum To Surpass $14,000 By 2030?<\/h2>\n<p>The price of <a href=\"https:\/\/bitcoinist.com\/ethereum-blowout-to-10000\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> has been on a fairly positive sentiment since the news of <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/blackrock-ethereum-spot-etf\/\" target=\"_blank\" rel=\"noopener\">BlackRock\u2019s Ethereum Spot ETF filing<\/a> news. The cryptocurrency saw a spike that took its price above <a href=\"https:\/\/bitcoinist.com\/ethereum-blackrock-registers-trust-as-eth-tops-2000\/\" target=\"_blank\" rel=\"noopener\">$2000<\/a> this week.\u00a0<\/p>\n<p>Industry specialists from <a href=\"https:\/\/www.finder.com\/ethereum-price-prediction-2023\" target=\"_blank\" rel=\"noopener\">Finder<\/a>, an independent comparison platform and information service have stated that Ethereum will continue <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-price-propels-to-52-weeks-high-heres-what-behind-it\/\" target=\"_blank\" rel=\"noopener\">experiencing a price increase<\/a> in the coming years.\u00a0<\/p>\n<p>The comparison platform has predicted that Ethereum would drop to $1,840 by the end of 2023 and Ethereum\u2019s price at the time of writing is $2,060.8. Crypto specialists at Finder also expect <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-2100-why-path-2500-now-all-clear\/\" target=\"_blank\" rel=\"noopener\">Ethereum\u2019s value<\/a> to increase to $5,824 by 2025 and $14,411 by 2030.<\/p>\n<p>The financial information service platform has stated that the reason for this price prediction is due to <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-daily-revenue-soars-to-4-month-high\/\" target=\"_blank\" rel=\"noopener\">Ethereum\u2019s huge growth potential<\/a> and the increasing demand for Ethereum staking.\u00a0<\/p>\n\n<p>Lead Market Analyst at Swyftx, Pav Hundal has supported Ethereum\u2019s price increase prediction. Hundal stated that the <a href=\"https:\/\/bitcoinist.com\/bitcoin-halving-overrated-liquidity-cycle\/\" target=\"_blank\" rel=\"noopener\">upcoming Bitcoin halving <\/a>in 2024 may push the cryptocurrency\u2019s price up, as historical patterns have suggested a potential upward movement for Ethereum\u2019s value during <a href=\"https:\/\/bitcoinist.com\/bitcoin-halving-a-key-role-in-price-discovery\/\" target=\"_blank\" rel=\"noopener\">past Bitcoin halving events.\u00a0<\/a><\/p>\n<p>\u201cHistorically, as we approach a Bitcoin halving, Ethereum tends to revisit its price valuations from earlier that year. This trend aligns with the repeated observation that Bitcoin\u2019s dominance (proportion of the total [crypto] market capitalization) swells as we near the halving event. We can anticipate that there will be a potential shift from altcoins [like ETH] back into Bitcoin in the lead-up to the halving,\u201d Hundal stated.\u00a0<\/p>\n<h2>Finder Experts Say BTC Still Holds Upper Hand<\/h2>\n<p>Despite the positive outlook of Ethereum\u2019s price in the future by Finder\u2019s crypto experts, a large majority of Finder\u2019s specialists have expressed skepticism about Ethereum\u2019s market capitalization surpassing that of <a href=\"https:\/\/bitcoinist.com\/bitcoin-to-reach-175k-crypto-expert-predicts-when\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>.\u00a0<\/p>\n<p>When asked if they saw <a href=\"https:\/\/bitcoinist.com\/ethereum-long-term-bull-crossover-imminent\/\" target=\"_blank\" rel=\"noopener\">ETH\u2019s market cap <\/a>\u201cflipping\u201d BTCs, 43% of the expert panelists remained unconvinced that Ethereum would overtake Bitcoin.\u00a0<\/p>\n<p>Creator of Seasonal Tokens, Ruadhan O. has stated that he believed that Ethereum\u2019s utility surpassed Bitcoin\u2019s however he does not see ETH\u2019s market cap surpassing <a href=\"https:\/\/bitcoinist.com\/bitcoin-37000-flushes-134-million-crypto-shorts\/\" target=\"_blank\" rel=\"noopener\">BTC\u2019s<\/a>. He explained that his reasons were due to Ethereum\u2019s high competition with other <a href=\"https:\/\/bitcoinist.com\/as-ethereum-closes-in-on-2000-here-are-top-3-altcoins-in-november\/\" target=\"_blank\" rel=\"noopener\">altcoins<\/a> in the crypto market.\u00a0<\/p>\n<p>\u201cEthereum remains expensive to use [and] it will lose market share to cheaper alternatives. Bitcoin isn\u2019t useful. Nobody needs a Bitcoin. There\u2019s no demand for Bitcoin\u2019s utility at a lower price because there\u2019s no utility. This is why Bitcoin isn\u2019t losing market share to other proof-of-work coins,\u201d O stated.\u00a0<\/p>\n<p><em>Featured image from Shutterstock<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>Finder\u2019s board of crypto market experts has predicted a positive long-term increase in the price of Ethereum in 2023, 2025, and 2030.\u00a0<\/p>\n<h2>Ethereum To Surpass $14,000 By 2030?<\/h2>\n<p>The price of <a href=\"https:\/\/bitcoinist.com\/ethereum-blowout-to-10000\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> has been on a fairly positive sentiment since the news of <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/blackrock-ethereum-spot-etf\/\" target=\"_blank\" rel=\"noopener\">BlackRock\u2019s Ethereum Spot ETF filing<\/a> news. The cryptocurrency saw a spike that took its price above <a href=\"https:\/\/bitcoinist.com\/ethereum-blackrock-registers-trust-as-eth-tops-2000\/\" target=\"_blank\" rel=\"noopener\">$2000<\/a> this week.\u00a0<\/p>\n<p>Industry specialists from <a href=\"https:\/\/www.finder.com\/ethereum-price-prediction-2023\" target=\"_blank\" rel=\"noopener\">Finder<\/a>, an independent comparison platform and information service have stated that Ethereum will continue <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-price-propels-to-52-weeks-high-heres-what-behind-it\/\" target=\"_blank\" rel=\"noopener\">experiencing a price increase<\/a> in the coming years.\u00a0<\/p>\n<p>The comparison platform has predicted that Ethereum would drop to $1,840 by the end of 2023 and Ethereum\u2019s price at the time of writing is $2,060.8. Crypto specialists at Finder also expect <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-2100-why-path-2500-now-all-clear\/\" target=\"_blank\" rel=\"noopener\">Ethereum\u2019s value<\/a> to increase to $5,824 by 2025 and $14,411 by 2030.<\/p>\n<p>The financial information service platform has stated that the reason for this price prediction is due to <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-daily-revenue-soars-to-4-month-high\/\" target=\"_blank\" rel=\"noopener\">Ethereum\u2019s huge growth potential<\/a> and the increasing demand for Ethereum staking.\u00a0<\/p>\n<p>Lead Market Analyst at Swyftx, Pav Hundal has supported Ethereum\u2019s price increase prediction. Hundal stated that the <a href=\"https:\/\/bitcoinist.com\/bitcoin-halving-overrated-liquidity-cycle\/\" target=\"_blank\" rel=\"noopener\">upcoming Bitcoin halving <\/a>in 2024 may push the cryptocurrency\u2019s price up, as historical patterns have suggested a potential upward movement for Ethereum\u2019s value during <a href=\"https:\/\/bitcoinist.com\/bitcoin-halving-a-key-role-in-price-discovery\/\" target=\"_blank\" rel=\"noopener\">past Bitcoin halving events.\u00a0<\/a><\/p>\n<p>\u201cHistorically, as we approach a Bitcoin halving, Ethereum tends to revisit its price valuations from earlier that year. This trend aligns with the repeated observation that Bitcoin\u2019s dominance (proportion of the total [crypto] market capitalization) swells as we near the halving event. We can anticipate that there will be a potential shift from altcoins [like ETH] back into Bitcoin in the lead-up to the halving,\u201d Hundal stated.\u00a0<\/p>\n<h2>Finder Experts Say BTC Still Holds Upper Hand<\/h2>\n<p>Despite the positive outlook of Ethereum\u2019s price in the future by Finder\u2019s crypto experts, a large majority of Finder\u2019s specialists have expressed skepticism about Ethereum\u2019s market capitalization surpassing that of <a href=\"https:\/\/bitcoinist.com\/bitcoin-to-reach-175k-crypto-expert-predicts-when\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>.\u00a0<\/p>\n<p>When asked if they saw <a href=\"https:\/\/bitcoinist.com\/ethereum-long-term-bull-crossover-imminent\/\" target=\"_blank\" rel=\"noopener\">ETH\u2019s market cap <\/a>\u201cflipping\u201d BTCs, 43% of the expert panelists remained unconvinced that Ethereum would overtake Bitcoin.\u00a0<\/p>\n<p>Creator of Seasonal Tokens, Ruadhan O. has stated that he believed that Ethereum\u2019s utility surpassed Bitcoin\u2019s however he does not see ETH\u2019s market cap surpassing <a href=\"https:\/\/bitcoinist.com\/bitcoin-37000-flushes-134-million-crypto-shorts\/\" target=\"_blank\" rel=\"noopener\">BTC\u2019s<\/a>. He explained that his reasons were due to Ethereum\u2019s high competition with other <a href=\"https:\/\/bitcoinist.com\/as-ethereum-closes-in-on-2000-here-are-top-3-altcoins-in-november\/\" target=\"_blank\" rel=\"noopener\">altcoins<\/a> in the crypto market.\u00a0<\/p>\n<p>\u201cEthereum remains expensive to use [and] it will lose market share to cheaper alternatives. Bitcoin isn\u2019t useful. Nobody needs a Bitcoin. There\u2019s no demand for Bitcoin\u2019s utility at a lower price because there\u2019s no utility. This is why Bitcoin isn\u2019t losing market share to other proof-of-work coins,\u201d O stated.\u00a0<\/p>\n<p><em>Featured image from Shutterstock<\/em><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-32342","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/32342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=32342"}],"version-history":[{"count":1,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/32342\/revisions"}],"predecessor-version":[{"id":32348,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/32342\/revisions\/32348"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=32342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=32342"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=32342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}