Ethereum’s Potential Price Surge
Mark Yusko, CEO and founder of Morgan Creek Capital, believes Ethereum (ETH) could soar to a five-figure price. In an interview with Altcoin Daily, Yusko analyzed the historical Bitcoin-to-Ethereum ratio and projected Ethereum’s potential growth.
Bitcoin-to-Ethereum Ratio Analysis
Yusko explained that Ethereum could appreciate by up to 410% from its current level if Bitcoin appreciates by around 193% and reaches a six-figure price target in the upcoming bullish cycle. He based this prediction on the long-standing relationship between Bitcoin and Ethereum prices.
Historical Price Comparison
Yusko pointed out that the Bitcoin-to-Ethereum ratio has historically been close to 10-to-1. Using this ratio, he calculated that if Bitcoin reaches $150,000, Ethereum could potentially reach $10,000 to $15,000.
Ethereum’s Outperformance
Yusko also expressed his belief that Ethereum has historically outperformed Bitcoin and could continue to do so in the future. He noted that Ethereum tends to experience more significant rallies during bull markets.
Current Market Conditions
At the time of writing, Ethereum is trading at $2,921, while Bitcoin is trading at $5,904.
Disclaimer
The article emphasizes that opinions expressed are not investment advice and investors should conduct their own research before making any high-risk investments. FastPayCrypto does not recommend buying or selling any cryptocurrencies or digital assets.
