Cryptocurrencies are looking for a recovery, with bitcoin trading slightly higher in the late afternoon of this Friday (20) after touching a level below US$93,000 earlier.
The day before, the main digital currency fell more than 6% after the Federal Reserve (Fed, the North American central bank) indicated that it will conduct monetary relief more cautiously in 2025, which tends to disfavor the appetite for riskier assets .
Bitcoin rose 0.13% to US$97,353.40 in the last 24 hours until 4:40 pm (Brasília time), according to Binance, moving away from the recent all-time high of US$108,353. Ethereum rose 1.39% to US$3,481 in the same interval and on the same platform.
For Sebastián Serrano, CEO and co-founder of Ripio, it is possible that bitcoin will fluctuate in 2025 between US$150,000 and US$250,000 at the peak of this cycle. But, if the market’s main cryptocurrency continues at this pace, the analyst does not rule out revising projections.
“Whereas, based on future speculation, we can think of Ethereum with significant increases to $5,000 or $7,000 per ETH, or Solana somewhere between $700 and $1,000.”
