Golden Finance reported that Steno Research said in a report on Sunday that the price of Bitcoin is expected to rise from about US$94,000 to as low as US$150,000 next year, while the price of ETH will more than double, rising from US$3,400 to US$3,400. At least $8,000. Namely, the ETH/BTC exchange rate will rise to 0.06 over the next 12 months from the current level of 0.0357, similar to the price action in previous cycles, with altcoins taking center stage. Analyst Mads Eberhardt wrote: “This expectation is partly based on the argument that Donald Trump winning the U.S. presidential election would be more beneficial for altcoins than Bitcoin.” The report said that Bitcoin’s market share is expected to increase from approximately 56.6% dropped to 45%. The TVL of decentralized applications is expected to reach a new high of $300 billion next year, which, if correct, further supports the argument for altcoin price growth. (Coindesk)