The adoption of Bitcoin at the national level will boost cryptocurrency growth in 2025: Fidelity
Fidelity Digital Assets research analyst Matt Hogan stated that the lack of Bitcoin allocation could become a greater risk for countries than allocation itself.
Countries are expected to add Bitcoin to their national strategic reserves by 2025, initiating significant growth in the cryptocurrency market, Fidelity Digital Assets noted in its latest research paper.
"We anticipate that many nations, central banks, sovereign wealth funds, and government treasuries will seek to establish strategic positions in Bitcoin," Fidelity Digital Assets research analyst Matt Hogan said in the company's January 7 article titled "2025 Look Ahead."
He added that these entities may take note of the strategy used by Bhutan and El Salvador "and the significant profits they can gain from such positions in a relatively short period of time."
