Bitcoin (BTC) is expected to experience a significant rally in 2025, according to Alex Thorn, head of research at Galaxy Digital. Thorn predicts that the price of Bitcoin will surpass $150,000 in the first half of the year and rise to $185,000 in the fourth quarter. These views were shared in a report published on CNBC, where Thorn emphasized the role of corporate, institutional, and nation-state adoption in driving Bitcoin’s expected price increase.
Thorn stated that Bitcoin has outperformed the S&P 500 and gold, appreciating faster than any other asset class since its inception. He expects this trend to continue through 2025, with Bitcoin’s market capitalization reaching 20% of gold’s.
The report also predicts that the total assets under management (AUM) of U.S. spot Bitcoin exchange-traded funds (ETFs) will exceed $250 billion by 2025. Furthermore, Thorn anticipates that at least five Nasdaq-100 companies and five nation-states will add Bitcoin to their balance sheets or wealth funds.
Galaxy Digital’s forecast reflects a growing optimism regarding Bitcoin’s long-term potential as a store of value and a hedge against traditional financial systems. The expected increase in institutional and national-level participation could further solidify Bitcoin’s position as a globally recognized digital asset.
*Please note that this translation does not constitute investment advice.