While Bitcoin renewed ATH by exceeding $ 73,600 yesterday, a new report came from investment company Bernstein analysts about BTC and the cryptocurrency market.
Stating that they expect a rise in BTC and the entire cryptocurrency market, analysts said that they expect the total crypto market value to increase almost threefold by 2025 and reach 7.5 trillion dollars.
At this point, Bernstein analysts stated that they expect the market value of Bitcoin to increase to 3 trillion dollars by 2025 and Ethereum (ETH) to increase to 1.8 trillion dollars.
The report prepared by Bernstein analysts Gautam Chhugani and Mahika Sapra included the following statements:
“We expect total crypto market capitalization to reach $7.5 trillion by 2025, compared to $2.6 trillion today, and believe the cryptocurrency market is in the process of unprecedented institutional adoption.
We expect market growth to center around Bitcoin and Ethereum, resulting in unprecedented levels of institutional adoption.
At this point, we estimate that Bitcoin's market value will reach $3 trillion, Ethereum will reach $1.8 trillion, and leading blockchain ecosystems such as Solana will reach $1.4 trillion.
Additionally, spot Bitcoin ETF assets could reach up to $300 billion by 2025.”
In line with bullish expectations in the cryptocurrency market, analysts said they expect the spot ETH ETF to be available within 12 months.
Considering that the current market value of BTC is $1.41 trillion and ETH is $467 billion, Bernstein analysts expect a 2x increase in Bitcoin and an approximately 4x increase in Ethereum by 2025.
*This is not investment advice.