Ethereum News Today: Ethereum Could Hit $8,656 If Bitcoin Reaches $150,000: Trader Analysis

Ether could potentially reach above $8,600 if Bitcoin climbs to $150,000, according to a trader's analysis based on historical bull market trends. Yashasedu, a crypto trader, noted that in past bull cycles, Ethereum has typically represented 30–35% of Bitcoin’s market capitalization. For instance, during the 2021 bull run, ETH reached 36% of Bitcoin’s market cap, peaking at $4,878 [1]. If Bitcoin hits $150,000 — a 25% increase from its current price of $119,335 — Ethereum could reach $8,656 if it regains 35% of Bitcoin’s market cap.

Even at the lower end of this range, if ETH reaches between 21.70% and 30% of Bitcoin’s market cap at $150,000, its price could trade between $5,376 and $7,420 [1]. These projections rely on the assumption that historical market dynamics will repeat themselves, despite the unique conditions of the current cycle.

Supporting this bullish outlook, Ethereum’s total value locked (TVL) has recently crossed $90 billion, and institutional interest in ETH continues to grow. On Tuesday, blockchain firm BitMine Immersion Technologies announced a plan to raise up to $20 billion for ETH purchases. Additionally, spot Ether ETFs experienced their highest net inflows to date, with combined flows reaching $1.01 billion [1].

Several analysts predict Bitcoin reaching $150,000 or even $250,000 by the end of 2025. These include Fundstrat co-founder Tom Lee, BitMEX co-founder Arthur Hayes, and Unchained market research director Joe Burnett [1]. If Bitcoin’s price continues to rise, Ethereum could follow a similar trajectory, especially if the same market dynamics that fueled its growth in past cycles return.

At present, ETH is trading at $4,630, approximately 5.35% below its all-time high of $4,878, according to CoinMarketCap data [1]. Yashasedu suggests a significant price correction in ETH is unlikely until it reclaims its previous peak. MN Trading Capital founder Michaël van de Poppe also anticipates a potential new all-time high for ETH, followed by a consolidation phase [1].

While historical correlations between Bitcoin and Ethereum suggest a possible upward trend for ETH, these are speculative forecasts based on past patterns and not current market realities. As with all crypto investments, risks remain high, and market conditions can shift rapidly [1].

Source: [1] [Yashasedu's analysis of Bitcoin and Ethereum price correlations](https://cointelegraph.com/news/bitcoin-price-ether-follows-historical-trends-crypto-analyst)