Bitcoin is expected to surpass $150,000 in the first half of the year and test or exceed $185,000 in the fourth quarter of 2025, according to analysts at Galaxy Research.
01 — Bitcoin will cross $150k in H1 and test or best $185k in Q4 2025.
A combination of institutional, corporate, and nation state adoption will propel Bitcoin to new heights in 2025. Throughout its existence, Bitcoin has appreciated faster than all other asset classes,… pic.twitter.com/KJKE1hcrSw
— Galaxy Research (@glxyresearch) December 27, 2024
“Throughout its existence, Bitcoin has grown faster than other asset classes, including the S&P 500. This trend will continue next year,” the experts noted.
They also predict that the total AUM of spot Bitcoin ETFs will reach $250 billion. At the time of writing, this figure stands at $106 billion, according to SoSoValue.
“Just a year after approval in the U.S., exchange-traded products based on Bitcoin are only 19% of the AUM of funds based on physical gold,” the analysts stated.
02 — The U.S. spot Bitcoin ETPs will collectively cross $250bn AUM in 2025.
In 2024, the Bitcoin ETPs collectively took in more than $36bn in net inflows, making them the best ETP launch as a cohort in history. Many of the world’s major hedge funds bought the Bitcoin ETPs,… pic.twitter.com/wZfQ0gtuCA
— Galaxy Research (@glxyresearch) December 27, 2024
According to their forecasts, the leading cryptocurrency will “once again be among the most profitable assets” on a risk-adjusted basis. In this regard, digital gold ranks third, behind only MicroStrategy and NVIDIA.
03 — Bitcoin will again be among the top performers on a risk-adjusted basis among global assets in 2025.
The AUM comparison above is due to both record inflows and Bitcoin price appreciation throughout 2024. Indeed, Bitcoin is the 3rd best performing asset on a risk adjusted… pic.twitter.com/gXmDTK9HcU
— Galaxy Research (@glxyresearch) December 27, 2024
Among other forecasts:
- at least “one leading asset management platform will announce a recommended Bitcoin allocation of 2% or more”;
- five Nasdaq-100 companies and as many countries will create reserves in the leading cryptocurrency;
- developers of digital gold will reach a consensus on an upgrade next year;
- more than half of the top 20 publicly traded miners will announce transitions or partnerships with hyperscale data centers, AI companies, and firms specializing in high-performance computing;
- the total TVL of Bitcoin-based decentralized applications will double;
- Ethereum will trade at $5500, with the share of coins in staking reaching 50%;
- the total capitalization of stablecoins will double, exceeding $400 billion;
- Dogecoin will “finally reach the $1 mark”.
According to experts, institutional adoption and recognition of the asset by various countries will be among the key drivers of Bitcoin’s growth.
Previously, Galaxy Digital CEO Mike Novogratz predicted the leading cryptocurrency could reach $500,000 if the U.S. includes it in its strategic reserve.