The price of Bitcoin (BTC) has increased by more than 150% so far this year, and the overall cryptocurrency market value has reached US$1.6 trillion, an annual increase of more than 110%, showing a strong recovery in the currency market this year.

Jamie Coutts pointed out in an article on In addition, he also predicts that the market value of cryptocurrency will reach 20% of the value of technology stocks in 2025, which is a five-fold increase in five years.

He also believes that in the next 1 to 2 years, technology and cryptocurrencies will become the most important accumulation parts of the investment portfolio until the liquidity cycle changes.

The altcoin season will arrive within 1~1.5 years of next year’s Q2 low

Just in the middle of this month, Coutts also commented, pointing out that altcoins are currently experiencing a rising breakthrough, but the market is still being Led by Bitcoin’s rise. However, the shift to altcoin season appears to be approaching, which may take longer given the massive capital flows that will be triggered by the launch of a Bitcoin spot ETF next year. Coutts expects altcoin season to arrive within 1 to 1.5 years after the cycle low in Q2 2024.

In this cycle, we will see the emergence of some clear long-term winners. Among them, L1 and L2 altcoins and dApps have products that closely match market needs, and their adoption rates are growing. The application of blockchain is gradually forming a structural upward trend. Therefore, we need to buckle up to prepare for the opportunities and challenges this change will bring.

The above is the detailed content of Bloomberg analysts predict that cryptocurrencies will account for 20% of global technology stock market value by 2025. For more information, please follow other related articles on the PHP Chinese website!