With the new year bringing a significant rebound in the crypto market, expert Miles Deutscher shares his 2025 forecasts. He predicts Bitcoin might stabilize around 61.5% dominance and hit $140,000 by year-end, eyeing a $1 million long-term potential. However, he calls forecasts over $200,000 "overly ambitious."
Deutscher highlights potential developments in altcoins and AI-driven market changes. AI may transform DeFi and on-chain trading, while Real World Assets gain traction. Key protocols like Chainlink and Uniswap could thrive under favorable regulations. Additionally, he sees the possibility of cryptocurrency ETFs for Solana and XRP being approved by 2025.
On a broader scale, Deutscher predicts strategic Bitcoin reserves in the US, with momentum for sovereign and institutional adoption. At present, BTC stands at $97,570, up 4% in the last 24 hours.
