25-7-2025 – Galaxy Digital CEO Mike Novogratz forecasted that Ethereum may outperform Bitcoin over the next three to six months, citing robust institutional demand and a tightening supply, according to Coindoo. Ethereum is currently trading at $3,664, up 0.67% daily, and nearing the critical $4,000 threshold, while Bitcoin hovers at $117,757.63 down 1.01% in 24 hours, per Binance Market Data.
Novogratz highlighted Ethereum’s growing role as a core infrastructure for Web3, driven by staking, DeFi protocols, and tokenized assets. He noted that corporate treasuries, including firms like SharpLink Gaming holding 360,807 ETH, are fueling capital inflows, while Ethereum’s circulating supply remains constrained. This dynamic could propel ETH into a price discovery phase if it breaks $4,000, potentially outpacing Bitcoin’s more subdued momentum. The recent surge in Ethereum ETF inflows, with $240.3 million recorded on July 23, further underscores institutional confidence, outstripping Bitcoin ETF flows.
Bitcoin, while dominant with a 65.77% market share, may face consolidation as altcoins gain traction, a trend Novogratz sees as favoring Ethereum. Analysts also point to Ethereum’s technical upgrades, like the upcoming Pectra hard fork in Q1 2025, as enhancing its scalability and appeal. However, macroeconomic factors, including Federal Reserve policies, could influence both assets’ trajectories. Traders should watch Ethereum’s price action around $4,000 and monitor Bitcoin’s dominance for signs of an altcoin season.
