Bitcoin, which surpassed $100,000, is expected to exceed $200,000 by the end of 2025, according to a report by the U.S. economic portal Yahoo Finance on Sunday.
Recently, Bitcoin has been rallying, surpassing $103,000, following a series of crypto-friendly policies announced by President-elect Donald Trump.
In this context, Gautam Chhugani, an analyst at the renowned securities firm Bernstein, predicted that Bitcoin would exceed $200,000 by the end of 2025, reaching an all-time high.
He added that he is confident Bitcoin will emerge as a store of value for a new era, replacing gold and becoming a standard for corporate financial management over the next decade.
Global investment bank Standard Chartered also noted that institutional investors drive this year’s Bitcoin surge, having purchased 683,000 Bitcoins through spot exchange-traded funds (ETFs) in 2023.
Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets, predicted that significant inflows of institutional funds will continue in 2025, leading Bitcoin to exceed $200,000 by the end of 2025.
Since being elected president, Trump has announced a series of crypto-friendly measures. He has nominated Paul Atkins, a prominent pro-crypto figure and former SEC Commissioner, as the new chairman of the Securities and Exchange Commission (SEC), replacing the current SEC Chairman, Gary Gensler, who has been conservative toward cryptocurrencies.
Furthermore, Trump appointed David Sacks, the former Chief Operating Officer (COO) of the payment company PayPal, as the Crypto Czar to oversee the cryptocurrency sector.
Consequently, Bitcoin has surged approximately 130% this year and about 45% since Trump’s election.
