Veteran Analyst Benjamin Cowen Predicts Bitcoin To Rise But Altcoins To Outperform Bitcoin In 2025

In a recent interview, crypto analyst Benjamin Cowen drew parallels between Bitcoin's (CRYPTO: BTC BTC - $62779.136 current market cycle and previous ones, forecasting a cautiously optimistic outlook for 2025. What Happened: On the “Altcoin Daily” Youtube channel, Cowen emphasized the similarities between Bitcoin's current trajectory and its behavior in 2019, noting a comparable 350% rally followed by a period of consolidation.

Source: benzinga.com

Related symbols: BTCUSD

2024-08-26 18:38:03 GMT.

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Price & Market Data

Price: $62779.136

Volume 24h: $43,821,499,336.96

Market Cap: $1,240,283,444,272.73

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.