Cryptocurrency market experts are predicting significant growth, with a potential upswing expected by the end of 2025. Asset manager VanEck forecasts record highs for Bitcoin, anticipating a 30% retracement before reaching those peaks. The company also expects altcoins to decline sharply, up to 60%.
VanEck predicts that the US will adopt a Bitcoin strategic reserve in 2025, with regulators approving multiple cryptocurrency exchange-traded funds (ETFs). This includes new SEC leadership approvals for spot crypto ETPs featuring staking and in-kind transactions. These developments are expected to boost institutional adoption.
The firm’s optimistic outlook aligns with recent analysis suggesting Bitcoin could reach $175,000 by 2025. However, analysts warn of potential flash crashes and recommend strategic entry points during dips. The evolving role of Bitcoin in global economic strategies is also being highlighted, with its potential as a sovereignty strategy gaining traction.
Key predictions include:
* Bitcoin’s price potentially reaching $175,000 by 2025
* US adoption of a Bitcoin strategic reserve in 2025
* Regulators approving multiple crypto ETFs, boosting institutional adoption
Source: https://www.benzinga.com/24/12/42495782/crypto-market-predicted-to-surge-to-all-time-highs-by-late-2025-but-a-30-drop-in-bitcoin-prices-could-come-first