Bitwise: Bitcoin to Rise to $200,000 in 2025, Ethereum to $7,000 ↗️
Dec-27-2024 10:03:12 AM
Analysts at Bitwise, the largest index of cryptocurrency funds in the US, predict that in 2025 Bitcoin will reach $200,000, while Ethereum and Solana will rise in price to $7,000 and $750, respectively.
Leading cryptocurrencies are set to hit new all-time highs next year thanks to massive investments in digital assets and a more favorable cryptocurrency regulatory regime, according to research from Bitwise.
Analysts are particularly optimistic about Bitcoin, expecting the leading cryptocurrency to grow by 109% next year compared to its current price. Their forecast is based on several factors at once - the influx of funds into spot BTC-ETFs, the coin's shortage, and the strategic BTC reserve in the United States, which Donald Trump promises to create.
Bitcoin Holder Countries 📇.
Currently, nine countries officially own Bitcoin . Bitwise predicts that number will double by next year.
This “Bitcoin arms race” could prompt the US to create a Bitcoin strategic reserve to further its dominance. In this regard, Bitwise’s head of research Ryan Rasmussen added that it could also push the flagship cryptocurrency’s value to $1 million by 2029.