The cryptocurrency market is buzzing with excitement as experts predict a significant rally in the next 12 months. Bitcoin, Ethereum, and altcoins are expected to experience a 3x to 5x increase in value, with some predictions suggesting that Bitcoin could reach $100,000 and Ethereum could hit $10,000. This bullish sentiment is fueled by increased demand from institutional investors and the approval of Bitcoin ETFs in various countries.

The cryptocurrency market has been gaining momentum in recent weeks, with Bitcoin's price rallying above $71,000 again on Wednesday. This growth is attributed to heightened demand from institutional investors, with Fidelity Investments' FBTC and BlackRock's IBIT leading in cash inflows. The altcoin industry has also experienced a significant surge, with Binance native coin BNB pumping above $700 for the first time. Floki Inu (FLOKI) led the meme coin industry with double-digit percentage points growth in the past 24 hours, following a notable investment from DWF ventures.

According to Ash Crypto, a popular crypto trader with over 1.1 million followers, the next 12 months will be wild for the entire digital asset industry. The crypto analyst predicts that Bitcoin's price will reach $100,000, a major psychological level, and Ethereum's price will reach $10,000 and beyond. Ash Crypto also believes that the altcoin industry will experience a 3x to 5x pump in a single day and that meme coins will reach billions in valuation.

This growth is not limited to the cryptocurrency market alone. The total cryptocurrency market cap is gradually eating into global investment products led by stock indexes and precious metals. The Indian stock market recently registered its worst performance in over two years, with more than $400 billion wiped out in a single day. This uncertainty in the traditional market is expected to drive more investors towards the cryptocurrency industry, which is well-positioned to attract investors fleeing market volatility.

The upcoming general election in the United States is also expected to impact the cryptocurrency market, with some experts predicting that investors will turn to cryptocurrencies as a safe-haven asset. With the cryptocurrency market poised for unprecedented growth, investors are advised to brace themselves for the biggest bull market in crypto history.