Bitcoin (BTC) Price to Hit High Near $185K in 2025 as Countries Adopt: Galaxy Research

Bitcoin (Bitcoin), the world’s largest cryptocurrency, is likely to reach new highs next year and will “test or better” $185,000 in the fourth quarter of 2025, Galaxy Research said in a report last week.

ether (Ethereum), the second-largest cryptocurrency, is expected to rise above $5,500 in the next 12 months, the report said.

“The combination of institutional, corporate and state adoption will push Bitcoin to new heights in 2025,” wrote Alex Thorne, head of research at Galaxy.

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 in the next year, and that competition between these nations will drive the next wave of adoption, the report said.

Total assets under management (AUM) for U.S. bitcoin exchange-traded funds (ETFs) are expected to exceed $250 billion in 2025, Galaxy forecasts, and at least one leading wealth management platform will announce a bitcoin allocation of 2% or higher. after that. year.

Bitcoin Decentralized finance DeFi is also expected to boom, Galaxy said. The total amount of BTC locked in DeFi is expected to double in the next year from the current $11 billion.

The report added that the trend of miners towards high-performance computing (HPC) is expected to continue, and more than half of the 20 largest listed Bitcoin mining companies will announce deals with artificial intelligence (AI) or supercomputing companies in 2025.

The report expected that Bitcoin would reach 20% of the market value of gold next year.

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