Alex Thorn, the research director of cryptocurrency asset management company Galaxy Digital, believes that Bitcoin will break $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 entities will drive Bitcoin to new heights in 2025. Throughout its existence, Bitcoin has appreciated faster than all other asset classes, particularly the S&P 500 index and gold, and this trend will continue into 2025. Bitcoin will also reach 20% of gold's market value.'
Galaxy predicts that the asset management scale of U.S. spot Bitcoin ETFs 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)

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