In the next two months, digital gold is expected to rise to $112,000–130,000 due to accelerated institutional inflows and a shift in sentiment towards risk acceptance. This is according to a review by Standard Chartered, reports The Block.
In the coming days and weeks, Bitcoin is set to test its ATH at $109,000.
According to analysts, the leading cryptocurrency is gaining momentum following a $1.1 billion deleveraging amid news surrounding DeepSeek and the issuance of a U.S. executive order to establish a task force on digital asset markets. The recent meeting of the Fed has reduced uncertainty for the markets overall.
The growth driver will be Bitcoin purchases by institutional investors following the repeal of the SEC rule SAB 121, which effectively prohibited banks from holding cryptocurrencies.
Earlier, analysts predicted a rise in the prices of digital gold and Ethereum to $200,000 and $10,000 respectively by the end of 2025, driven by institutional demand through ETFs.
Previously, Bitwise forecasted “less severe” Bitcoin corrections thanks to initiatives by U.S. President Donald Trump.