Galaxy Research, part of Galaxy Digital, is projecting a highly positive future for Bitcoin. The report forecasts Bitcoin's price could climb to over $150,000 in the first half of 2025. Furthermore, by the fourth quarter of 2025, Bitcoin might attack the $185,000 price point.
This significant price surge would amount to Bitcoin capturing 20% of gold’s market cap, a milestone considering Bitcoin’s relative infancy as an asset class. Such a shift would mark a new era in the acceptance and valuation of Bitcoin and other digital currencies.
The outlook aligns with market trends that see increasing institutional and individual interest in cryptocurrencies globally.
