Bitcoin (BTC) is set to reach record highs of around $185,000 by Q4 2025, driven by increasing adoption among institutional investors, corporations, and nation-states, according to a report by Galaxy Research.
Galaxy Research Predicts Bitcoin to Reach $185K by 2025 as Nation-State Adoption Grows
Fundamental Predictions for Bitcoin and Ethereum
Bitcoin (BTC): Expected to “test or top” $185,000 in late 2025.
Ethereum (ETH): Predicted to exceed $5,500 in the next 12 months.
“A combination of institutional, corporate and nation-state adoption will propel Bitcoin to new heights in 2025,” said Alex Thorn, Galaxy’s research director.
Nation-State and Corporate Adoption: Galaxy predicts that five Nasdaq-100 companies and five nation-states will add bitcoin to their balance sheets or sovereign wealth funds.
US Bitcoin ETFs: Assets under management (AUM) in US spot bitcoin exchange-traded funds are expected to exceed $250 billion by 2025.
Asset Management Platforms: At least one major platform is expected to announce a bitcoin allocation of 2% or higher next year.
The decentralized finance (DeFi) sector is set to witness significant growth, with the total amount of BTC locked in DeFi protocols expected to double from the current $11 billion.
Meanwhile, the mining industry looks set to continue its shift towards high-performance computing (HPC).
Galaxy predicts that more than half of the top 20 publicly traded bitcoin mining firms will form partnerships with artificial intelligence (AI) firms or hyperscalers by 2025.
The report also predicts that Bitcoin will reach 20% of gold's market value next year, solidifying its position as a digital store of value and a competitor to traditional assets.
*This is not investment advice.
