Bitcoin price made history in 2024, and if a recent report is to be believed, the flagship cryptocurrency could hit $150,000 in the first half of 2025 and potentially hit $185,000 in the fourth quarter.
Galaxy Research, the research arm of digital asset management company Galaxy, published this report last week and with that, has aligned itself with another digital asset management company, VanEck, which also anticipated that Bitcoin will appreciate in more than 50% from current levels by 2025.
Key excerpts from Galaxy Research’s report shared on the company’s X account provide insight into its outlook for Bitcoin and the broader cryptocurrency ecosystem.
The company 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 company, noted in X that US Bitcoin ETPs are just $24 billion short of surpassing all US gold ETPs in assets under management.
Galaxy Research reported another big projection related to Ethereum’s native token, Ether, and said it would trade above $5,500 in 2025. This will happen due to loosening regulations and corporations adapting and experimenting with Ethereum technology.
Additionally, Ethereum’s participation rate will increase by 50%, according to the report.
In the world of cryptocurrencies, staking involves committing a certain amount of cryptocurrency to a blockchain network for a specific period. This process plays a crucial role in supporting network operations, including validating transactions and maintaining their overall security.
“The Trump administration is likely to offer greater regulatory clarity and guidance for the crypto industry in the US. Among other outcomes, spot ETH ETPs will likely be allowed to stake some percentage of the ETH they hold in name of the shareholders. “Galaxy Research posted on X.
According to the report, Dogecoin, the most popular memecoin and one of Elon Musk’s favorites, will reach the dollar in 2025.
“Dogecoin’s market cap will be dwarfed by the Department of Government Efficiency, which will successfully identify and enact cuts in amounts exceeding Dogecoin’s maximum market cap in 2025,” Galaxy Research posted on X.
In addition to these forecasts, the report offers optimistic predictions for stablecoins, major publicly traded companies adopting Bitcoin, and other market trends. However, he clearly mentioned that these projections are not intended to be investment advice but are purely illustrative of possible market directions.
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