Bitcoin (BTC) is projected to reach a new high of approximately $185,000 in 2025, driven by adoption from institutional, corporate, and nation-state investors, according to Galaxy Research. The report anticipates that by the fourth quarter of 2025, Bitcoin will 'test or best' this value, while Ethereum (ETH) is expected to climb past $5,500. Galaxy highlights that five Nasdaq-100 companies and five nation-states are likely to publicly announce Bitcoin adoption in the coming year. Furthermore, U.S. spot Bitcoin exchange-traded funds (ETFs) are projected to manage over $250 billion in assets, with at least one major wealth management platform allocating 2% or more to Bitcoin. The locked value in Bitcoin DeFi is expected to double from $11 billion, and more than half of the largest Bitcoin mining firms are likely to collaborate with AI firms or hyperscalers. The research suggests that Bitcoin's market cap could reach 20% of gold's market cap next year, forecasting significant future growth for the cryptocurrency.

Source 🔗