(Finance) – 2025 will be another record-breaking year for Bitcoinwhich closes a very positive 2024, thanks to the expansion of geopolitical tensionswhich rewarded its nature as a safe haven asset, to Trump’s victory to the elections and to more compliant regulation of the cryptocurrency market, which favored the entry of this asset into traditional markets, with the launch of ETFs and options on futures and currencies (coins). Bitcointhe best known of the cryptocurrencies, reached a peak this year maximum over 100,000 dollarsand then corrected slightly below, but according to many experts it could go up to 200,000 dollars next year.
Bitcoin below the highs of the year
Some profit taking at the end of the year triggered a small correction in Bitcoin, which in recent days has stood at $92,783, down 0.87%. The current value is down 14% compared to the historic high reached two weeks ago over 108,000 dollars. But Bitcoin in 2024 has pretty much doubled its value.
The factors that triggered the rally this year
There are various factors that have supported the rally of Bitcoin and other cryptocurrencies. The year opened with great news: the SEC’s green light for the first ETFs on Bitcoin. A decision that has consecrated the crypto market in the sanctuary of traditional finance, erasing the stain of the scandals that broke out in 2023, the most striking being that of the failure of the FTX platform.
This accelerated the regulation of the sectorwhich presents particularities and differences compared to traditional finance, favoring wider acceptance, not only by retail investors, but also by institutional investors.
In the spring, Bitcoin extended further thanks to thehalvingan operation that halves the quantity of Bitcoin offered and which takes place every four years.
The year ended with a new increase in Bitcoin, which reached a new record, exceeding the long-awaited threshold of 100,000 dollars, after the Donald Trump’s presidential victorytotally in favor of the spread of cryptocurrencies and a supporter of the creation of one crypto reserve in USA. But the market was also benefited by the Fed’s two rate cuts.
Expectations for 2025
After Bitcoin’s strong rally this year, the investors expect the cryptocurrency to double again and add new all-time highs in 2025.
According to a survey conducted by CNBC among cryptocurrency managers and investors, the price could well exceed $200,000 this year. James Butterfill, head of research at CoinSharesasset manager focused on cryptocurrencies, sees prices fluctuating between $80,000 and $150,000 in 2025.
Geoffrey Kendrick’s forecast is even more optimistic Standard Chartered, who expects a Bitcoin to $200,000 by the end of 2025thanks to the strong increase in institutional investment flows, destined to continue next year at the pace of 2024.
The highest rating is that of Elitsa Taskova, chief product officer of the crypto lending platform Nexoaccording to which Bitcoin “will more than double to $250,000 within a year”against a market capitalization destined to surpass that of gold.
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