Bitcoin Price Could Hit $200K In 2025 Amid Rising Institutional Demand, Bitfinex Says
The Bitcoin price may soar to $200k in 2025 due to strong institutional demand, Bitfinex said. Analysts from Bitfinex, the eleventh largest crypto exchange by trading volume, said in a Dec.17 market report that their minimum Bitcoin price estimate stands “at $145,000 by mid-2025.” In their best case scenario, the analysts predicted that BTC’s price will double in 2025 to reach $200,000 “under favorable conditions.” Their predictions are based on the belief that US spot Bitcoin ETF (exchange-traded fund) inflows will pick up next year while global and institutional adoption of BTC simultaneously increases. Bitcoin Price Volatility Could Pick Up In Q1 Of 2025 Before Bullish Trend Continuation So far this year, Bitcoin has soared more than 150%. This is after the largest crypto by market cap underwent a 2% correction in the last 24 hours to trade at $103,277.49 as of 1:45 a.m. EST. The Bitfinex analysts predict that BTC will experience some mild vola...