Bitwise Predicts Bitcoin Reaching $200K by 2025 with ETFs and Pro-Crypto Policies
The post Bitwise Predicts Bitcoin Reaching $200K by 2025 with ETFs and Pro-Crypto Policies appeared on BitcoinEthereumNews.com.
Bitwise has predicted that Bitcoin and Ethereum will reach $200k and $7k, respectively in 2025. Bitcoin ETFs, corporate/govt. BTC holdings and pro-crypto regulations will push crypto prices higher next year. Bitwise’s research also points towards nine new countries officially holding BTC in 2025. Bitwise, the largest crypto fund index in America, has predicted that Bitcoin will reach as high as $200,000 in 2025. The Bitwise team also rolled out bullish targets for Ethereum and Solana, predicting they will reach $7,000 and $750, respectively. In 2025… Bitcoin will hit $200,000, Coinbase will enter the S&P 500, stablecoin AUM will double, and more… Here are 10 Crypto Predictions for 2025 by the team at @BitwiseInvest 🧵👇 — Ryan Rasmussen (@RasterlyRock) December 11, 2024 New All-time Highs for Crypto in 2025 Ryan Rasmussen, who serves as the head of research at Bitwise, recently took to X to share the crypto giant’s predictions for the crypto market in 2025. As per Bitwise’s research, top cryptocurrencies will reach new all-time highs next year, thanks to increased corporate and government crypto buying and a friendlier regulatory regime for the broader crypto market. Bitwise’s research team believes that the increasing role of layer 2 and tokenization in the crypto market will play a significant role in pushing ETH to $7,000 next year. Similarly, Solana’s focus on serious projects and the ongoing memecoin frenzy are expected to drive SOL’s price to an ATH of $750 in 2025. A Closer Look at Bitcoin Bitwise has a particularly bullish prediction for BTC in 2025, expecting the flagship cryptocurrency to jump a whopping 109% from its current price. This prediction hinges on several factors, including increased investment in Bitcoin ETFs, tight supply due to BTC halving in 2024, and a potential U.S. Bitcoin strategic reserve. Source: Bitcoin Treasuries As of now,…
Filed under: News - @ December 26, 2024 4:26 pm