Bitcoin Hits $118,000 as Crypto Market Experiences Major Surge in 2025

In mid-2025, Bitcoin’s price has surpassed $118,000, Ethereum is above $3,000, and altcoins are gaining traction once again. Token Metrics, an AI-focused crypto research platform, plays a pivotal role in these valuations. Price forecasts for Bitcoin project a possible rise to $150,000-$230,000 by 2026, with Ethereum expected to reach $5,000-$10,000. Altcoins like XRP, ADA, and DOGE are also highlighted, each with their own price predictions and associated risks. Token Metrics, meanwhile, offers tools designed to help investors navigate this volatile market efficiently.

In mid-2025, the cryptocurrency landscape is undergoing a remarkable surge. Bitcoin (BTC) has shot past an astonishing $118,000, while Ethereum (ETH) is hovering above $3,000. Other altcoins, like XRP, ADA, and DOGE, are garnering attention once more. Speculation around these prices is largely influenced by Token Metrics, which is a well-known platform focusing on AI-led crypto research and forecasting. This article takes a closer look at price expectations, crucial drivers, potential risks, and how Token Metrics can guide investors in these unpredictable markets.

One striking feature of this bull market is how many digital assets are moving in sync with Bitcoin. On June 28, Token Metrics issued a bullish signal for Bitcoin, which helped BTC break through the significant resistance level at $110,000 in a flash. This milestone reflects renewed institutional interest and notable changes in on-chain supply. The projected price for Bitcoin is climbing even higher, with estimates suggesting it could hit between $150,000 and $230,000 by 2026. Critical drivers for this growth include institutional investments, favourable policy conditions, supply shortages, positive macroeconomic trends, and ongoing momentum in on-chain activity. Nonetheless, challenges such as geopolitical tensions, environmental concerns, and regulatory scrutiny remain prevalent and could hinder this optimistic outlook.

When it comes to Ethereum, predictions suggest its price could range from $5,000 to $10,000 by the close of 2025. Key elements driving this forecast include the much-anticipated Pectra upgrade, substantial ETH ETF assets under management (AUM), strength in the decentralised finance (DeFi) sector, and the increased adoption of layer-2 scaling solutions. However, Ethereum faces its share of risks including competition from other high-speed blockchains, spikes in transaction fees (gas), and the need for clearer regulatory guidance. Should Bitcoin maintain its strength, Token Metrics anticipates ETH may test the waters between $5,000 and $10,000 by the end of the year, particularly if it breaks above the $4,000 mark which could confirm the bullish trend, with key support at $2,500.

As for XRP, forecasts position its price between $5 to $10. Factors contributing to this include a potential settlement with the SEC, the launch of the RLUSD stablecoin, promising probabilities for ETFs, and its global adoption. Still, it must navigate regulatory uncertainties and fierce competition from stablecoins. Token Metrics is betting on a bullish scenario that could potentially bring XRP between $5 and $7 this year, with the possibility of reaching $10 if Bitcoin stays resilient and bullish momentum continues. Notably, breakout and support levels here are cited as $3.40 and $2.10, respectively.

Then there’s Cardano (ADA), with predictions indicating it could rise to between $1.10 and $1.65 by year-end. This is driven by factors like the Plomin Hard Fork, growth in DeFi total value locked (TVL), stablecoin integration, institutional investments, and ETF prospects. On the flip side, it’s not without risks, including low activity on the network and fierce competition. If ADA breaks through $0.80, forecasts by Token Metrics suggest it could maintain its trajectory towards that forecasted price range, with key breakout support at $0.80 and levels to watch at $0.62 to $0.50 for potential dips.

Dogecoin (DOGE) also sees interest, with projections ranging from $0.55 to $1.25. This could be influenced by attempts to breach the $0.20 resistance, increased merchant acceptance, buzz from Elon Musk tweets, ETF speculation, and accumulation by “whales”. Nevertheless, it’s faced with the reality of unlimited supply and the volatility often inherent in meme-driven markets. Token Metrics leans towards a cautious estimate of $0.55, a moderate goal of $1.07, and a more ambitious target of $1.25, contingent upon if ETF excitement peaks and Bitcoin stabilizes around $150K. Support and sell-off levels to monitor are $0.15 and $0.20, respectively.

Token Metrics arguably provides a suite of advantages: forecasts driven by market signals, rankings of forecast accuracy, AI-powered price predictions, and new opportunities in altcoins. The platform’s data visualization and alert systems aim to help investors steer through changing market cycles, set realistic price targets, and identify potential altcoin surges while providing strategies to mitigate risks based on data signals. It’s also tailored to both institutional and retail investors, offering guidance on entry strategies, risk management, scaling approaches, and promising entry criteria.

In essence, with its broad range of tools like real-time signals and AI-assisted price estimates, Token Metrics arms investors with the essentials they need to gain an edge in the crypto sphere.