Crypto analyst Matthew Hyland compared the recent altcoin market downturn to the crash of 2020 and predicted a 1000-fold growth for digital assets.
In my view, over the next few months, you will make 10 to 1000 times more profit than in March 2020, wrote the analyst.
In his opinion, major altcoins like Ethereum and Cardano could fully recover in just a few months. These arguments are partly based on the situation of previous markets rather than on a specific price target. For example, the S&P 500 index took 13 weeks to recover from its fall in March 2025 by June 2025.
I don't know when it will start, but whenever it happens, it won't drag on for years; it will take only a few months, wrote the expert.
Predictions of an imminent altcoin recovery emerged against the backdrop of their growth this week. For instance, Ethereum rose to $2400, gaining 2.34% in 24 hours and 22.7% over the week. XRP, which was around $1.32, rose nearly 18% in a day and about 55% over the week. Bitcoin Cash also rose 18% in 24 hours, and Dogecoin rose 12%, according to CoinMarketCap.
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