Bitcoin Takes Lead as AI Models Predict Rebound
Three AI models, ChatGPT, Grok, and Gemini, unanimously ranked Bitcoin as the most likely to reclaim its all-time high first. According to their analysis, Bitcoin needs a 49% gain to reach $126,080, while Ethereum requires an 83% increase and XRP must climb approximately 145%. The AI models' confidence in Bitcoin's recovery lead is reinforced by its significant ETF asset base of $108 billion, dwarfing Ethereum's $18 billion and XRP's $2 billion.
The AI models estimated the probability of each cryptocurrency reaching its all-time high first. ChatGPT gave Bitcoin a 55% chance, Grok was slightly more optimistic at 58%, and Gemini was the most confident, giving Bitcoin a 70% probability. Despite Ethereum's recent growth, outperforming both Bitcoin and XRP over the past 90 days, the AI models still favored Bitcoin.
Grok noted that U.S. spot Bitcoin exchange-traded funds (ETFs) hold nearly 6% of Bitcoin's total supply, while ChatGPT cited Citi's target of $113,000 for Bitcoin, only about 10% below its all-time high. The AI models predict year-end prices of around $100,000 for Bitcoin and $3,400 for Ethereum.
XRP, however, has the highest percentage gain potential but a low chance of being the first to reach its all-time high. ChatGPT assigned XRP only a 15% probability, while Gemini placed it at just 8%. This skepticism stems from XRP's requirement of a 145% surge and the entry of new supplies into the market.