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Bitcoin to Hit Record Around $185K in 2025 as Nation States Buy: Galaxy Research

Dec 31, 2024

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A recent report from Galaxy Research predicts that Bitcoin (BTC) could reach new heights, testing or exceeding $185,000 by Q4 2025, while Ether (ETH) is expected to surpass $5,500 within the next year. Driving this growth are anticipated institutional, corporate, and nation-state adoptions, with five Nasdaq-100 companies and five nations projected to incorporate Bitcoin into their finances. Additionally, the total assets under management in U.S. spot Bitcoin ETFs may exceed $250 billion. The report also highlights a significant increase in Bitcoin's decentralized finance (DeFi) engagement and partnerships between mining firms and AI companies. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk

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