A prolonged bull market in cryptocurrencies may be approaching, with Bitcoin and Ethereum likely to reach record highs. Forecasts suggest significant targets for both cryptocurrencies, indicating a trend of steadier growth.

Bitcoin could potentially target $500,000, while Ethereum may reach $20,000. This growth is expected to be fueled by increasing liquidity and market expansion, with the anticipated peak for this rally between late 2025 and early 2027.

Currently, Bitcoin is trading around $104,600 with minimal fluctuations. Ethereum has experienced a 4.1% increase in the past day, reaching $3,268. Additionally, altcoins are demonstrating strength, with tokens such as:

• Optimism
• Wormhole
• Omni Network

These tokens are positioned for significant movements. Recent breakouts in projects like Sui suggest potential gains, and similar bullish setups in utility-focused altcoins could lead to explosive growth, especially for projects linked to Ethereum’s ecosystem.

📎 Related coverage from: cryptodnes.bg