Opinion: Ethereum may see new capital inflow recently, Bitcoin could rise to $250,000 this year

【Opinion: Ethereum may see new capital inflow recently, Bitcoin could rise to $250,000 this year】On May 17, according to Cointelegraph, cryptocurrency analyst Scott Melker stated that it is "entirely possible" for Bitcoin to reach $250,000 by 2025. He pointed out that the ongoing influx of institutional investors and the decrease in market volatility are key factors driving the price increase. Scott Melker emphasized that with the participation of traditional financial institutions such as pension funds and ETF issuers, the Bitcoin market is becoming more mature and stable, with Bitcoin's volatility reducing from being three times that of the S&P 500 index in the past to less than double now. Furthermore, Scott Melker mentioned that Coinbase's inclusion among the top 50 of the S&P 500 index, the listing plans of companies like Galaxy Digital and eToro, as well as the improvement of the regulatory environment in the U.S., are all providing strong support for the crypto market. Melker believes that considering Bitcoin's rise from $3,000 to $69,000 in 2020, a further 2.5 times increase from the current price is not impossible, and the recent rise in Ethereum exceeding that of Bitcoin, driving small-cap tokens upward, indicates that there is "new capital" flowing into the market rather than merely rotating among existing assets.