Will Bitcoin break the $200,000 barrier in 2025?

Bitcoin It exceeded $100,000 this year. Will 2025 bring similar good luck for cryptocurrency enthusiasts?

Investors, experts and industry executives surveyed by CNBC in a report published on Tuesday (Dec. 31) say they expect the cryptocurrency to become the most popular in the world. Reaching new highs Next year.

Some even expect the price of Bitcoin to double, e.g Carol AlexanderProfessor of Finance at University of Sussex. According to the report, it correctly predicted that Bitcoin would reach $100,000 in 2024, and now says its price could double next year.

“I’m more optimistic than ever for 2025,” Alexander said, telling the network that Bitcoin “could easily reach $200,000 but there are no signs of reduced volatility. By summer, I expect it to trade around $150,000 plus.” Or minus $50,000.

The professor – who noted that she herself does not own Bitcoin – said so Pro-crypto regulation This will cause the price of Bitcoin to rise, although the lack of regulation of cryptocurrency exchanges will keep the market volatile due to highly leveraged trades pushing prices up and down.

Even more optimistic Elitsa Taskovachief product officer at the cryptocurrency lending platform Nexowho told CNBC that her company sees Bitcoin will double to $250,000 within one year. In the long term, the market value of cryptocurrencies will exceed that of gold.

“These forecasts are consistent with ongoing trends and social markers: increasing recognition of Bitcoin as a reserve asset, more exchange-traded products (ETPs) linked to Bitcoin and cryptocurrencies, and stronger adoption,” Taskova said.

Most of the other experts featured in the report expected Bitcoin’s price to remain below $200,000, but it would still easily surpass the record high of $108,000 it achieved earlier this month. Some sounded cautionary notes about the market, e.g Mr. Powellco-founder and CEO of Central Finance Platform Maple Finance.

“I think you will of course see corrections – Cryptocurrencies remain a cyclical industryPowell said.

In other crypto news, PYMNTS recently looked back at the past year regarding stablecoins. This year saw blockchain-based digital tokens Gain traction Financial services companies have ventured into the blockchain space, while Trump’s win signals a pro-cryptocurrency administration in the United States

“Stablecoins have moved from speculative tools to… Potential foundational elements That report said, “Global Finance.”

“Although challenges remain, particularly regarding the need for clear regulatory frameworks, the potential for stablecoins to bring greater efficiency, inclusivity and transparency to financial services is significant. As 2024 reveals, the near-term impact is concentrated in three areas: Cross-border paymentsReal-time treasury management and B2B transactions.