Participants in the crypto community make bets on different forecasts of bitcoin and Ethereum on the Polymarket prediction platform. There is money at the stake. Therefore, the forecasts of Polymarket are the best reflected the real expectations of representatives of the crypto industry.
Here at what level, according to Polymarket users, Bitcoin and Ethereum, can establish a maximum of 2025 years.
Let’s start with the flagship of the market, bitcoin. At the time of writing, most Polymarket users believe that in 2025, cryptocurrency will reach $ 130,000. It puts 76% of the voters per option. In the second most popular place is $ 150,000. 45% of users voted for it. The least people believe that in 2025 BTC will be able to reach $ 1 million (2%) or fall to $ 20,000 (3%).
It is noteworthy that on July 14 – on the day when Bitcoin updated the absolute maximum of $ 123,091, 81% of the voters believed in the prospect of cryptocurrency growth to $ 130,000. As the cryptocurrency course decreased, the market participants began to fall into the implementation of the forecast.
Let’s move on to Ethereum. Most of the votes are for an increase in cryptocurrency up to $ 4,000 in 2025. It puts 90% of the voters on the option. In the second most popular place, ETH growth forecast to $ 5,000 in 2025. 55% of users voted for it. As in the case of bitcoin, as the cryptocurrency course decreases after the outbreak of growth in mid -July, optimism on Polymarket decreased. At the moment, ETH growth chances to $ 4,000 in 2025 were estimated at 93%.
Recall, today, July 30, the next meeting of the Fed at the key interest rate of the United States will be held. Despite the fact that the vast majority of market participants are sure that this time the regulator will not go to decline, cryptans are waiting for the growth of both cryptocurrencies. Optimism regarding the behavior of bitcoin and Ethereum against the backdrop of the Federal Set of Fed is due to the fact that market participants are waiting for the first decrease in the rate in September. Many suggest that during the Fed’s press conference on July 30, the head of the regulator Jerome Powell can give positive signals.
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Source: Cryptocurrency
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