- Bitwise has predicted that Bitcoin and Ethereum will reach $200k and $7k, respectively in 2025.
- Bitcoin ETFs, corporate/govt. BTC holdings and pro-crypto regulations will push crypto prices higher next year.
- Bitwise’s research also points towards nine new countries officially holding BTC in 2025.
Bitwise, the largest crypto fund index in America, has predicted that Bitcoin will reach as high as $200,000 in 2025. The Bitwise team also rolled out bullish targets for Ethereum and Solana, predicting they will reach $7,000 and $750, respectively.
New All-time Highs for Crypto in 2025
Ryan Rasmussen, who serves as the head of research at Bitwise, recently took to X to share the crypto giant’s predictions for the crypto market in 2025. As per Bitwise’s research, top cryptocurrencies will reach new all-time highs next year, thanks to increased corporate and government crypto buying and a friendlier regulatory regime for the broader crypto market.
Bitwise’s research team believes that the increasing role of layer 2 and tokenization in the crypto market will play a significant role in pushing ETH to $7,000 next year. Similarly, Solana’s focus on serious projects and the ongoing memecoin frenzy are expected to drive SOL’s price to an ATH of $750 in 2025.
A Closer Look at Bitcoin
Bitwise has a particularly bullish prediction for BTC in 2025, expecting the flagship cryptocurrency to jump a whopping 109% from its current price. This prediction hinges on several factors, including increased investment in Bitcoin ETFs, tight supply due to BTC halving in 2024, and a potential U.S. Bitcoin strategic reserve.
Source: Bitcoin Treasuries
As of now, there are nine countries that officially hold Bitcoin. Bitwise predicts that number will double by next year. Furthermore, this “BTC arms race” may also prompt the U.S. to set up a strategic BTC reserve to increase its dominance. To that end, Bitwise’s research chief added that such a reserve can also push BTC’s price to $1 million before 2029.
Crypto-focused Companies
Rasmussen highlighted that the bullish crypto outlook would have a ripple effect that will benefit public companies like Coinbase and MicroStrategy, predicting they will enter the S&P 500 and Nasdaq-100 indices, respectively. Additionally, he predicted that Coinbase would reach $700 per share next year.
This is further backed up by another one of Bitwise’s predictions for 2025, where the U.S. Department of Labor may take a friendly stance on crypto in 401(k) plans. This will significantly increase the inflow of capital into crypto assets, potentially adding billions to the broader crypto market.
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