Bitcoin Price Expected to Reach $140,000 with ETFs for SOL and XRP in 2025
The cryptocurrency market shows a significant rebound at the start of the new year, with the top 100 cryptocurrencies, led by Bitcoin (BTC), demonstrating positive trends.
Bitcoin Price Potential to Hit $1 Million
Crypto expert Miles Deutscher analyzes the Bitcoin dominance chart, suggesting it has likely peaked for this cycle. He expects BTC to stabilize around 61.5% dominance and forecasts a price of $140,000 by the end of 2025. While some predict prices exceeding $200,000, Deutscher considers these estimates overly ambitious within the next year but maintains long-term confidence in Bitcoin evolving into a $1 million asset.
Deutscher notes that significant developments in the altcoin market may not occur until the second half of the year due to current macroeconomic challenges, which he believes have delayed the overall cycle. He highlights the historical trend of altcoin seasonality favoring the first half of the year, suggesting potential for two distinct upward runs.
Cryptocurrency ETFs Set to Flourish in 2025
In 2025, Deutscher expects artificial intelligence (AI) to dominate the crypto narrative, transforming decentralized finance (DeFi) and on-chain trading through AI agents. He predicts several AI-driven projects will surpass $1 billion in market capitalization, indicating a shift towards sophisticated financial instruments.
He emphasizes the importance of Real World Assets (RWA), forecasting significant traction throughout the year. Asset tokenization remains in its early stages, with influential figures like Donald Trump and Larry Fink expected to drive growth and innovation in this sector.
Predictions regarding DeFi utility coins suggest major protocols such as Chainlink (LINK), Aave (AAVE), Enjin (ENA), and Uniswap (UNI) will outperform peers as the market recognizes the value of income-generating protocols. Deutscher argues the market has yet to fully appreciate the potential impact of favorable regulation from the Trump administration on DeFi.
Another key prediction involves potential approval of exchange-traded funds (ETFs) for cryptocurrencies like Solana (SOL) and XRP, facilitated by a new regulatory regime expected in 2025.
In a broader context, Deutscher foresees a strategic Bitcoin reserve being established in the United States, with other nations likely to follow, further legitimizing Bitcoin as a viable asset class.
Currently, BTC is priced at $97,570, reflecting an increase of nearly 4% over the past 24 hours.
Featured image from DALL-E, chart from TradingView.com