Ethereum could reach over $8.5K if Bitcoin taps $150K, says trader

Key Points

1. Ether's market value has historically reached 30-35% of Bitcoin's market cap in past bull cycles.

2. If Bitcoin reaches $150,000, Ether could rise to $8,656 assuming it hits 35% of Bitcoin's market cap.

3. Even at a lower range (21.70%-30% of Bitcoin's market cap), Ether's price could still see significant gains.

4. Ethereum's total value locked (TVL) recently surpassed $90 billion, with increasing institutional interest and ETF demand.

5. Several analysts, including Fundstrat's Tom Lee and BitMEX's Arthur Hayes, predict Bitcoin could surpass $150,000 by year-end or reach up to $250,000 by 2025.