Remarkable Success in 2024
At the end of 2024, Bitcoin hit the $100,000 mark, breaking historical records and marking a significant milestone for the cryptocurrency industry. This achievement coincided with Donald Trump’s victory in the U.S. presidential election. Trump openly supported Bitcoin and pledged to replace SEC Chairman Gary Gensler, who was known for his strict policies on the crypto industry.
Additionally, Trump proposed establishing a “strategic Bitcoin reserve,” funded by proceeds from criminal activities, to promote the cryptocurrency sector. Early in 2024, Bitcoin surpassed $70,000 following the SEC’s approval of the first Bitcoin ETF in the U.S.
Other factors, such as the Bitcoin halving event—which reduces supply—played a key role in boosting the value of the currency. The industry also rebounded strongly from major scandals in 2023, including the collapses of FTX and Binance, which bolstered investor confidence.
Bitcoin Price Predictions for 2025
With a strong foundation laid in 2024, many experts anticipate $BTC
will set new price records in 2025:
• James Butterfill (CoinShares) predicts Bitcoin prices will range between $80,000 and $150,000 in 2025. He believes Bitcoin could reach $250,000 in the long term, though this is unlikely to happen soon. If prices drop to $80,000, it could result from unfulfilled cryptocurrency policies promised by the Trump administration.
• Matrixport forecasts Bitcoin could hit $160,000 in 2025. Markus Thielen, its Head of Research, attributes this to sustained demand for Bitcoin ETFs, favorable macroeconomic conditions, and increasing global liquidity.
• Standard Chartered expects Bitcoin prices to double by the end of 2025, driven by institutional inflows and participation from pension funds, supported by more lenient regulations under Trump’s administration.
Opportunities and Challenges
While optimism abounds, experts also caution about potential risks. Professor Carol Alexander from the University of Sussex predicts Bitcoin could reach $200,000 but warns that a lack of strict regulation for crypto exchanges may lead to significant price volatility.
Bitcoin in 2025 could achieve new highs, but the market must ensure regulatory clarity, risk management, and stability to avoid negative impacts on the global financial system.