Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bitcoin hits $100K, Ethereum steadies, and new altcoin Yeti Ouro nears presale end with under 10% remaining.
Bitcoin continues to soar this week, reclaiming $100,000 after a slight dip midweek, and analysts expect BTC prie to hit $150,000 within the next year as more governments seek to adopt it in their national strategic reserves. Ethereum has been trading around $4,000, but as the altcoin season beckons, experts expect it to triple in price. Meanwhile, analysts are turning their attention to the new Ethereum-based altcoin Yeti Ouro (YETIO) as it winds up the first stage of its presale, with less than 10% left.
Bitcoin price to $150,000 and Ethereum price to $10,000
Since it hit its new all-time high of $103,475 in early December, Bitcoin has been trading sideways, dipping to a weekly low of $94,600 earlier this week. It has since recovered and trades just above $100,000.
However, the top crypto might not stay at this level for long. Bitcoin adoption is expected to skyrocket in the new year once Donald Trump takes over as the US president. Trump has already pledged to establish a national BTC strategic reserve that would hold over $100 billion worth of the crypto, and his trusted lieutenant, Wyoming Senator Cynthia Lummis, has promised to make this a reality in the first 100 days.
The US will be the first, but it certainly won’t be the last. Poland, Brazil, and now Russia have all kickstarted similar moves, which could make BTC a strategic asset for some of the world’s most powerful and prosperous nations. The US states of Pennsylvania and Texas have also started state-level BTC accumulation campaigns.
Beyond governments, enterprises are expected to lead the BTC accumulation. $11.5 trillion asset manager BlackRock now advises professional investors to allocate up to 2% of their portfolios to Bitcoin. It says this would result in similar gains to the Magnificent Seven stocks (Google, Amazon, Apple, Tesla, Meta, Nvidia and Microsoft).
Meanwhile, ETH price is expected to finally kick into gear as the altcoin season starts. Data from CCData shows that trading volume hit a yearly high in November, driven by altcoins. Crypto Quant data further shows that the movement of funds from BTC to altcoins is at a yearly low, which shows that new money is flowing into altcoins. All these factors point to an impending altcoin season, and Ethereum is the default leader and could hit $10,000 in the first half of 2025.
Analysts eye Yeti Ouro
While BTC and ETH prices show great promise in 2025, analysts are fixated on another altcoin, Yeti Ouro, for the 2025 bull market.
Yeti Ouro’s ongoing presale has raised over $1 million, with investors snapping up over 85 million tokens. The first stage of the presale ends in a couple of days, and investors will no longer access YETIO at the discounted price of $0.012.
Yeti Ouro combines the adrenaline of gaming with the thrill of meme coins and the reward of play-to-earn gaming through Yeti Go, its thrilling and immersive racing game. Built using the Unreal Engine, Yeti Go allows users to compete against a worldwide pool of competitors, with the winners receiving YETIO token rewards.
YETIO can also be used to purchase weapons to gain an advantage, staked to unlock exclusive rewards or used to pay for items on the in-game marketplace. Its supply is capped at one billion tokens, with 5% allocated to the token-burning mechanism.
To learn more about Yeti Ouro community, visit the website, X, Telegram, and Discord.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
+ There are no comments
Add yours