Home Fear & Greed Pools Wallets Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 16728
Markets: 95510
Crypto Currency Tracker logo Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VEF
VND
VES
VUV
WST
ZAR
ZMW
ZWL
Market Cap
24h Vol
16728
Cryptocurrencies
56.16%
Bitcoin Share
CoinDesk 2024-12-30 09:46:31

Bitcoin to Hit Record Around $185K in 2025 as Nation States Buy: Galaxy Research

Bitcoin to Hit Record Around $185K in 2025 as Nation States Buy: Galaxy Research

Bitcoin ( BTC ), the world's largest cryptocurrency, is likely to reach new highs next year and will "test or best" $185,000 in the fourth quarter of 2025, Galaxy Research said in a report last week. Ether ( ETH ), the second-largest crypto, is predicted to rise above $5,500 in the next 12 months, the report said. "A combination of institutional, corporate and nation state adoption will propel bitcoin to new heights in 2025," wrote Alex Thorn, Galaxy's head of research. Galaxy said it expects five Nasdaq-100 companies and five nation states to say they have added bitcoin to their balance sheets or sovereign wealth funds next year, and competition among these countries will drive the next wave of adoption, the report said. The total assets under management (AUM) of U.S. spot bitcoin exchange-traded funds (ETFs) is expected to surpass $250 billion in 2025, Galaxy forecast, and at least one leading wealth management platform will announce a bitcoin allocation of 2% or higher next year. Bitcoin decentralized finance (DeFi) is also expected to boom, Galaxy said. The total amount of BTC locked in DeFi is forecast to double next year from the current $11 billion. The trend of miners pivoting to high-performance computing (HPC) is expected to continue, and more than half of the 20 largest listed bitcoin mining firms will announce deals with artificial intelligence firms (AI) or hyperscalers in 2025, the report added. Bitcoin will reach 20% of gold's market cap next year, the report predicted. Read more: Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi

Most Read News

Market Cap
24h Vol
56.16%
Bitcoin Share
19
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.