Bitwise: BTC Could Hit $200,000 in 2025 

According to the leading cryptocurrency index fund manager, Bitwise, Bitcoin, the flagship cryptocurrency, could potentially reach $200,000 in 2025, while Ethereum, the largest alternative cryptocurrency, could surge to $7,000.

This prediction is driven by factors such as institutional investments, corporate adoption, and favorable regulations that are expected to support the cryptocurrency industry. Other positive possibilities include the approval of wirehouses, increased layer-2 scaling, and macroeconomic factors like the US Federal Reserve’s rate cuts.

Bitwise is also optimistic about the potential of Bitcoin exchange-traded funds (ETFs) to attract more investments in 2025. Additionally, the firm predicts at least five cryptocurrency unicorns to go public in the US, with Coinbase potentially surpassing traditional financial giant Charles Schwab and joining the S&P 500 index.

However, Bitwise also recognizes potential challenges that could hinder the bullish growth of cryptocurrencies, such as disappointment with the Fed’s rate cuts and a potential end to the hype surrounding meme coins.