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coinpedia 2025-01-03 07:29:59

Crypto Market Outlook: Bitwise Predicts Bitcoin to $200K in 2025

The post Crypto Market Outlook: Bitwise Predicts Bitcoin to $200K in 2025 appeared first on Coinpedia Fintech News The cryptocurrency industry is about to end the first week of 2025 in a bullish outlook as most altcoins followed Bitcoin (BTC) price in a mild rebound. With Bitcoin price trading above $96.5k on Friday, January 3, during the early European session, more crypto traders have turned greedy in anticipation of a parabolic market rally in the near term. Moreover, Bitcoin’s fear and greed index surged from 64 percent on January 1 to 74 percent at the time of this writing, signaling market greed. With Bitcoin dominance forming a lower high in the weekly time frame, more crypto traders are betting on a major altseason in the coming weeks. Top Predictions by Bitwise Researchers As the United States federal government prepares to change the crypto course under the upcoming Donald Trump administration, Ryan Rasmussen, the Head of Research at Bitwise Investments, is confident of further web3 growth in 2025. In a recent X post , Rasmussen highlighted that Bitcoin price will rise to $200k in 2025, while Ethereum (ETH) and Solana (SOL) scale to $7k and $750 respectively. After making a bold and successful prediction for 2024 about the approval of spot Bitcoin ETFs, Rasmussen now believes that the spot BTC ETFs flows will top last year’s peak in 2025. Furthermore, Rasmussen expects billions of dollars to flow into the cryptocurrency industry through the 401k plans, following the expected favoring regulatory frameworks. With the success of the publicly traded companies that have adopted a Bitcoin strategy, Rasmussen expects Coinbase Global Inc. (NASDAQ: COIN) to enter the S&P 500 while MicroStrategy Inc. (NASDAQ: MSTR) gets incorporated into the NASDAQ index. In 2025, Rasmussen believes the real-world assets (RWA) Tokenized industry will surpass $60 billion. Moreover, the stablecoins industry grew steadily in 2024 and could reach $400 billion by the end of this year. Rasmussen expects the countries adopting the Bitcoin strategy to double in 2025, potentially led by the United States. As for the memecoins, Rasmussen expects AI-launched tokens to lead in 2025. Meanwhile, Rasmussen expects Bitcoin’s valuation to overtake Gold’s $18 trillion market capitalization by 2029.

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