After the sharp rise in Bitcoin this year, crypto investors and industry leaders told CNBC that they expect the currency to hit an all-time high in 2025. The cryptocurrency has set an all-time high, beating many expectations of $100,000. This comes after Donald Trump's historic election victory in November, which ran on a pro-cryptocurrency legislative platform. Gary Gensler, who has been fighting legal battles against several cryptocurrency companies. Gensler will leave the SEC in 2025.
Trump also vowed the US might be able to make a personal Bitcoin currency using the money crime brings in. Price Milestone The first bitcoin ETF to have launched in the US. The move is commonly bullish for Bitcoins value.So says the tailwind that follows upon two of crypto's most legendary figures, namely FTX founder Sam Bankman-Fried and Binance president Changpeng Zhao, being sentenced for crimes in 2023. The coin price has more than doubled. The token is expected to go higher in 2025. Actually, some market analysts predict that its value will double to $200,000 by then.
CoinShares: $80,000 to $150,000
Head of research at cryptocurrency-focused asset management firm CoinShares James Butterfill was interviewed by CNBC, saying he believes the price of bitcoin can go up to $150,000 and to $80,000 by 2025. In the long term, Bitcoin would represent about 25% of the market value of gold as compared to its 10% now. This would be the equivalent of $250,000. "The times are very tough, and I don't think it's going to happen in 2025, but it's going to go in that direction," Butterfield told CNBC via email. The coin is set to reach between $80,000 and $150,000 over the course of the year.
If Butterfill's $80,000 call is successful, it will be the result of Trump's pro-crypto policy promises failing. Doubts about its legitimacy could lead to major changes in the economy. CoinShares predicts Bitcoin price to reach $80,000 in 2024.
Matrixport: $160,000
Crypto finance company Matrixport says Bitcoin could reach $160,000 by 2025. Backed by positive macroeconomic trends and expanding global financial market equipment. 80% correction from all-time highs. Thielen said the 2025 reversal will be "less pronounced." Matrixport predicted in 2023 that Bitcoin would reach $125,000 in 2024. Digital expects Bitcoin to rise above $150,000 in the first half of the year, then hit $185,000 in the fourth quarter. Thorn wrote in a research report he shared with CNBC: This will continue in 2020. Dollar.
Standard Chartered: $200,000
Standard Chartered's Jeffrey Kendrick
Calls for Bitcoin to double in price. The bank's head of digital asset research said earlier this month that he expects Bitcoin to reach $200,000 by the end of 2025. Keep up that pace in 2024 or don't exceed it.
The bank has taken note since the start: Bitcoin inflows from institutions came to 683,000 BTC from the US center during the year. Most of the ETFs are purchased from MicroStrategy (software company and active Bitcoin name). He added that the incoming Trump administration will create rules for companies that invest in digital currencies, known as TradFi (traditional finance).
Kendrick noted that even a small allocation of $40 trillion to the US pension fund would positively affect the price of BTC. We would be more confident if BTC were absorbed faster by US pension funds, global wealth funds (SWFs) or potentially the US Strategic Reserve Fund. br > Carol Alexander, a finance professor at the University of Sussex, believes that the price of Bitcoin could reach $200,000 next year. million, but expectations for 2025 are higher than before. Alexander herself has stated that she does not own any Bitcoin. The lack of regulation of cryptocurrency exchanges will continue to increase market volatility, which moves prices up and down. Last year, she said CNBC that Bitcoin will reach $100,000 by 2024, and it has.
Bitcoin Mining: $180,000 - $190,000
Bit Mining chief economist Youwei Yang predicts that the Bitcoin price will reach between $180,000 and $190,000 by 2025, but he is also cautious that the price could pull back. Yang told CNBC that the Bitcoin price could see a strong upward trend in 2025, but there could also be some sharp adjustments. - In times of economic shocks, such as a stock market crash, Bitcoin could temporarily drop to $80,000. However, the general perception will remain bullish. Based on these changes, I predict that Bitcoin could rise from $180,000 to $190,000 by 2025, following the cryptocurrency's historical cyclical patterns and trends. Yang also expects the next year to bring some "correction" in the price of Bitcoin.
Maple Finance: $180,000-$200,000
Sid Powell, co-founder and chief executive of financial platform Maple Finance, wants to see Bitcoin hit somewhere between $180,000 and $200,000 by the end of 2025. "I feel ETFs will go up, the first year returns are very high in later years, I think we can expect to see that with a Bitcoin ETF," Powell said to CNBC. get involved. "I absolutely feel that you are going to see some kind of correction; in my opinion, cryptocurrencies are still a business enterprise," Powell told CNBC.
In the previous market, Bitcoin had risen for several months and then declined. The coin rose almost to $ 70,000, but in the following year, when one of the main crypto companies declared bankruptcy, the coin fell to below $ 17,000. A drop of 70% to 80% is unlikely in 2025 as there are ample opportunities for firms to enter the market. According to the official Elitsa Taskova, she is more optimistic about Bitcoin's future in 2025 than the general opinion. In the long term, it is believed that the entire cryptocurrency market cap will exceed the gold, as it will be in the next decade. "More Bitcoin related to exchange-traded products (ETPs) and wider use of cryptocurrencies and as asset storage," Taskova said.
Positive macroeconomic conditions, such as the easing of monetary rights from the world's central banks, will boost Bitcoin," she said. On the other hand, further inflation could also lead to a hawkish turn.