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With the price of bitcoin down 10% and global crypto markets losing half a trillion dollars since the start of the year, investors are questioning the mainstream narrative that institutional demand would drive up the price of bitcoin. This year, giant companies like Tether, MicroStrategy, and Blackrock have been gobbling up tens of thousands of bitcoin, yet their efforts have not stopped its declining price. Once upon a time, tether (USDT) supposedly pumped the price of bitcoin. In years past, according to researchers like John Griffin and Amin Shams, the minting of the world’s most popular, intermittently backed, stablecoin empowered market manipulators to induce demand for bitcoin. Despite the uncertainty of this theory, the idea of Tether’s power has remained popular. Similarly, institutional demand was supposed to propel bitcoin to new heights . “The institutions are coming” meme dominated discussions among many bitcoin investors over the years who predict...

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...