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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Panel Of Market Experts Predicts When Ethereum Price Will Cross $14,000

Scott Matherson
Scott Matherson
Last Updated: November 11, 2023 12:41 pm
3 mins read
Ethereum

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Finder’s board of crypto market experts has predicted a positive long-term increase in the price of Ethereum in 2023, 2025, and 2030. 

Ethereum To Surpass $14,000 By 2030?

The price of Ethereum has been on a fairly positive sentiment since the news of BlackRock’s Ethereum Spot ETF filing news. The cryptocurrency saw a spike that took its price above $2000 this week. 

Industry specialists from Finder, an independent comparison platform and information service have stated that Ethereum will continue experiencing a price increase in the coming years. 

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The comparison platform has predicted that Ethereum would drop to $1,840 by the end of 2023 and Ethereum’s price at the time of writing is $2,060.8. Crypto specialists at Finder also expect Ethereum’s value to increase to $5,824 by 2025 and $14,411 by 2030.

The financial information service platform has stated that the reason for this price prediction is due to Ethereum’s huge growth potential and the increasing demand for Ethereum staking. 

Ethereum (ETH) is currently trading at $2,060. Chart: TradingView.com

Lead Market Analyst at Swyftx, Pav Hundal has supported Ethereum’s price increase prediction. Hundal stated that the upcoming Bitcoin halving in 2024 may push the cryptocurrency’s price up, as historical patterns have suggested a potential upward movement for Ethereum’s value during past Bitcoin halving events. 

“Historically, 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’s 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,” Hundal stated. 

Finder Experts Say BTC Still Holds Upper Hand

Despite the positive outlook of Ethereum’s price in the future by Finder’s crypto experts, a large majority of Finder’s specialists have expressed skepticism about Ethereum’s market capitalization surpassing that of Bitcoin. 

When asked if they saw ETH’s market cap “flipping” BTCs, 43% of the expert panelists remained unconvinced that Ethereum would overtake Bitcoin. 

Creator of Seasonal Tokens, Ruadhan O. has stated that he believed that Ethereum’s utility surpassed Bitcoin’s however he does not see ETH’s market cap surpassing BTC’s. He explained that his reasons were due to Ethereum’s high competition with other altcoins in the crypto market. 

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“Ethereum remains expensive to use [and] it will lose market share to cheaper alternatives. Bitcoin isn’t useful. Nobody needs a Bitcoin. There’s no demand for Bitcoin’s utility at a lower price because there’s no utility. This is why Bitcoin isn’t losing market share to other proof-of-work coins,” O stated. 

Featured image from Shutterstock

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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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