【Galaxy Digital: Bitcoin May Reach 20% of Gold's Market Value by 2025】According to Golden Finance, Alex Thorn, head of research at cryptocurrency asset management firm Galaxy Digital, believes that Bitcoin will break through $150,000 in the first half of the year and reach $185,000 in the fourth quarter. In a research report, Alex Thorn wrote, "The adoption by institutions, corporations, and national agencies will drive Bitcoin to new heights in 2025. During its existence, Bitcoin's appreciation has outpaced all other asset classes, especially the S&P 500 index and gold, and this trend will continue in 2025. Bitcoin will also reach 20% of gold's market value." Galaxy predicts that the asset management scale of the U.S. spot Bitcoin ETF will exceed $250 billion by 2025. The company expects that next year, five companies from the Nasdaq 100 index and five countries will add Bitcoin to their balance sheets or sovereign wealth funds. (CNBC)