Morgan Creek Founder: Predicts Crypto Market Will Enter Bear Market by Mid-2025

According to reports, Morgan Creek Capital founder Mark Yusko shared his insights on the cryptocurrency market and presented a comprehensive outlook for 2025 in an interview. Despite the hype about the United States possibly implementing Bitcoin strategic reserves, Yusko still firmly believes in the theory of Bitcoin's four-year cycle. He predicts that after Bitcoin reaches a reasonable valuation of about $100,000, it will experience a sharp rise and by mid-2025, its price could climb between $120,000 and $150,000. However, he also warned that before the end of 2025, the market may fall into a bear market. He pointed out: "In mid-2025 we will see another round of bear markets starting."

Regarding Ethereum (ETH), Yusko expressed doubts about its long-term dominance. Although approval for Ethereum spot ETFs in 2024 is an important milestone,Yusko questioned Ethereum's competitive advantage.He asked,"If Ethereum did not exist but was invented today,would people still choose to use it?" With platforms like Solana and Avalanche.