Poll: Bitcoin to reach $65,000 by year-end, but Ethereum more profitable.

By the end of 2022, Bitcoin would trade at $65,185, according to fintech experts surveyed by Finder.

The experts predicted further gains for digital gold. They expect Bitcoin to be worth $179,280 on 31 December 2025, and $420,240 by the end of 2030.

One of those who hold the latter view, John Hopkins, a lecturer at the University of Canberra, said:

“In addition to replacing private cryptocurrencies with CBDCs and the general collapse of the speculative bubble, I think Bitcoin will lose to Ethereum, which has stronger use cases, especially if the network moves to Proof-of-Stake and becomes more eco-friendly.”

Half of the experts believe that ultimately Bitcoin will be displaced from the top spot by a more advanced blockchain. 38% are confident that digital gold will remain on the throne.

“Ethereum could surpass BTC in terms of market capitalization. Solana is becoming the main hub for on-chain derivatives. Bitcoin is not a blockchain conducive to technological advancement. It is simply a cryptocurrency, if you look at it,” said Ganesh Kompella, co-founder of Tykhe Block Ventures.

The assets cited by the expert formed the top three most profitable coins for 2022, according to the group’s expectations.

Experts were asked to name the five most effective cryptocurrencies. 87% of respondents included Ethereum. Bitcoin came in second at 71%, Solana third at 55%. Avalanche and Terra closed the top five with 31% and 30% respectively.

As of writing, digital gold trades around $38,500, having refreshed its local low.

Earlier, BitMEX co-founder Arthur Hayes named a likely drop in digital gold to $30,000 by the end of Q2 2022 as a result of Nasdaq’s decline.