That’s another 90% gain on top of the 190% gain for 2020. But Ethereum’s the cryptocurrency to watch next year, according to a survey. From Moneyweb.
Bitcoin’s price is expected to hit $36 602 in 2021, and ether is forecast to reach $1 451, extending its phenomenal 340% sprint so far this year.
This is according to the latest Kraken Crypto Sentiment Survey for the second half of 2020. Kraken is one of the world’s largest crypto exchanges.
This is not always an accurate picture of how the market plays out.
When the same survey was conducted in the first half of 2020, Kraken investors forecast a price target of $22 866 for bitcoin (it is now about $19 145) and $810 for ether (this week trading at $583).