Global investment firm Bernstein Research predicts that Bitcoin (BTC) could reach $200,000 by the end of 2025, driven by growing adoption among large institutional investors. “Ten global asset managers now hold approximately $60 billion in regulated ETFs,” Bernstein says.
The company's report, known as the "Black Book," is 160 pages long and explains why the cryptocurrency could reach this value. Titled "From Coin to Compute: The Bitcoin Investing Guide," it suggests that Bitcoin's (BTC) role in the "computational economy" could drive price appreciation.