How far might Bitcoin rise in 2025 after its jump during the current year?

The price of the cryptocurrency Bitcoin in 2024 reached a major record level, and analysts now expect that the next year may be full of upward momentum to complete what the crypto asset cut off during 2024, after Bitcoin exchange-traded funds were approved in the United States, according to what the City A website reported. or.

Bitcoin Leap

Bitcoin has increased by 142% since the beginning of the year, and 60% since the election of Donald Trump as President of the United States on November 5.
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The market value of the digital currency has also reached $2.1 trillion (£1.7 trillion), which says that the increase will not stop growing, but where do analysts expect Bitcoin to go next year?

Bitcoin and Trump forecasts

Certainly the most important catalyst for Bitcoin’s rapid growth this year is the election of Trump in November.
“With the incoming Trump administration, we see this as a positive catalyst for the crypto industry,” said Piran Maru, director of Unitrust.
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Many analysts expect a major overhaul of the US government’s stance toward cryptocurrencies under the new president, and for obvious reasons.
Previously, Trump described the value of the digital currency as “built on air” and claimed that Bitcoin was a “scam.”
However, he backtracked on this during his election campaign to completely change his position, vowing to make the United States the “crypto capital of the planet.”
With the nomination of crypto advocate Paul Atkins as SEC Chairman, the United States is likely to create a favorable regulatory case as well as more clarity on cryptocurrency rules.

Favorable conditions

With central banks around the world seemingly abandoning their plans to launch digital currencies, another potential source of negative influence on Bitcoin has been eliminated.
“Bitcoin’s increasing integration into finance through ETFs and institutional adoption suggests it may strengthen its position as a legitimate asset class,” noted John Blassard, chief investment specialist at Mirabaud Group.
With the introduction of Bitcoin ETFs in the US, it has provided an easier path for investors especially institutional investors like pension funds and banks to acquire the digital currency.
BlackRock recently highlighted in a research paper for its Investment Institute that “giving Bitcoin a weight of between 1% and 2% would produce a similar share of risk as the seven technology stocks.”

More room for Bitcoin to rise

Before the shock of the Fed meeting, digital asset management company BitWeiss predicted that in 2025 the price of Bitcoin would rise above $200,000 for the first time, according to what the Investopedia platform reported.
Rather, the astonishing thing could happen and the number rises to $500,000 if the federal government adopts Senator Cynthia Lummis’ plan to purchase one million Bitcoin tokens to create a “strategic Bitcoin reserve.”
President-elect Trump has also supported the idea of ​​a Bitcoin reserve but there is little clarity on how much Bitcoin the government could hold and whether it would be added to its existing holdings or what the purpose of such a reserve would be.
Standard Chartered analysts expect similar prices for Bitcoin, and agree with Bitwise in predicting that inflows into spot Bitcoin ETFs in 2025 will remain similar to levels seen in 2024.
Analysts at Van Eck see the possibility that Bitcoin prices will reach their highest level at $180,000 in 2025, with many fluctuations.
Earlier this month, Gene Munster of Deepwater Asset Management predicted that the price of Bitcoin would reach $150,000 in 2025.
Currently, Bitcoin is trading at around $95,000 with the cryptocurrency’s total market cap estimated at $3.3 trillion.