James Butterfill, head of research at CoinShares, predicts that in 2025 bitcoin’s price will be in the $80,000-150,000 range.
He says one should not rule out the asset’s market capitalisation rising from the current 10% of gold’s market value to 25% over the long term. In that case, the first cryptocurrency’s price would reach $250,000, although that is unlikely to happen in 2025.
If US president-elect Donald Trump fails to deliver on his crypto-related promises, the price will probably be closer to the lower bound of the forecast — $80,000.
On the other hand, the improvement in the US regulatory environment expected by the expert could push bitcoin to new price highs.
In 2023, CoinShares analysts forecast digital gold at $80,000 in 2024.
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