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Bitcoin price made history in 2024, and if a recent report is to be believed, the flagship cryptocurrency could reach $150,000 in the first half of 2025 and potentially reach $185,000 in the fourth quarter.
Galaxy Research, the research arm of digital asset management firm Galaxy, published this report last week, and with that, it has aligned itself with another digital asset management company, VanEck, who has also predicted that Bitcoin will appreciate by more than 50% from their current levels in 2025.
Key excerpts from the Galaxy Research report shared on the company’s X account they offer insight into their vision for Bitcoin and the broader cryptocurrency ecosystem.
The firm predicted that spot Bitcoin exchange-traded products (ETPs) will continue to thrive, potentially surpassing $250 billion in assets under management (AUM) by 2025. Alex Thorn, head of research at the firm, pointed at X that US Bitcoin ETPs are only $24 billion away from surpassing all US Gold ETPs in AUM.
Galaxy Research reported another big projection related to Ethereum’s native token, Ether, saying that it will trade above $5,500 by 2025. This will happen due to the relaxation of regulations and adaptation and corporations’ experimentation with Ethereum technology.
Along with this, Ethereum’s share rate will increase by 50%, per report.
In the world of cryptocurrency, betting it involves committing a certain amount of cryptocurrency to a blockchain network for a certain period. This process plays a crucial role in supporting network operations, including validating transactions and maintaining its overall security.
“The Trump administration is likely to provide greater regulatory clarity and guidance for the crypto industry in the US, among other outcomes, it is likely that local ETH ETPs will be able to participate in some percentage of the ETH they hold on behalf of shareholders .” Galaxy Research published in X.
According to the report, Dogecoin, the most popular memecoin and favorite of Elon Musk, will reach $1 by 2025.
“Dogecoin’s market cap will be dwarfed by the Department of Government Efficiency, which will successfully identify and enact cuts in amounts above Dogecoin’s 2025 market cap.” Galaxy Research published in X.
Apart from these forecasts, the report offers optimistic predictions for stablecoins, major publicly traded companies adopting Bitcoin and other market trends. However, it was clearly mentioned that these projections are not intended as investment advice, but are purely illustrative of potential market directions.
