The post These 7 Big Financial Technology Companies Expect Bitcoin’s Price to Melt Up appeared on BitcoinEthereumNews.com.

Crypto exchange prices for BTC surmounted months of resistance at $30,000 in Oct. 2023 to support above $60,000 in 2024. Then it hitched its wagon to Trump’s coattails and skyrocketed in Oct. 2024. After that, the world’s premier cryptocurrency hit a historical record high price of $109,000 on Jan. 20, 2025, according to data from CoinGecko. But soon after, the market euphoria began to recede, and BTC began to steeply correct and even plunged beneath $77,000. Polymarkets Bet Bitcoin Price High Of $110K In 2025 Bettors in a $5.4 million Polymarket betting pool recently placed the odds that BTC marks $110,000 in 2025 at 61%. That would be a big gain over the Mar. Bitcoin price, but not much more than the Jan. record high. Meanwhile, the decentralized betting pool also bets overall that there’s a 68% chance BTC will crash to $70,000 in 2025. Either or both of these price levels are possible in 2025. But regardless of the path markets take on the BTC price chart to get there, these seven big financial technology companies from traditional finance and the blockchain industry anticipate the leading cryptocurrency’s market capitalization to continue to drink Wall Street’s milkshake every time the Fed expands the dollar supply. As a result, they forecast a melt up for Bitcoin through 2030. 1. Standard Chartered Speaking on CNBC in March, Geoffrey Kendrick, a crypto analyst for the trillion-dollar London bank Standard Chartered, said he expects Bitcoin’s price to top $200,000 in 2025 and $500,000 by 2029. $1 TRILLION STANDARD CHARTERED SAYS #BITCOIN IS GOING TO $500,000 IN THE NEXT 4 YEARS BULLISH pic.twitter.com/UnqOJBOZXL — Bitcoin Josh ⚡️ (@Josh_ideal1) March 7, 2025 “So within the crypto ecosystem, what we need are traditional financial players like Standard Chartered, like BlackRock and others that have the ETFs now…

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Filed under: News - @ March 23, 2025 11:11 am