Galaxy Research predicts: BTC will reach 18.5 thousand US dollars next year, and Ether will soar above 5,500 US dollars

Galaxy Research recently released its market outlook for the encryption coin market in 2025, predicting that BTC will break through $150,000 in the first half of the year, with a year-end target price of $185,000. It also expects Ethercoin to soar to $5,500.

Galaxy Research analysts estimate that the adoption of BTC at the institutional, corporate, and national levels will continue to increase, thereby driving the BTC price to new highs in 2025, with a potential surge above $150,000 in the first half of the year and a challenge to $185,000 in the fourth quarter.

01 – Bitcoin will cross $150k in H1 and test or best $185k in Q4 2025.

A combination of institutional, corporate, and nation state adoption will propel Bitcoin to new heights in 2025. Throughout its existence, Bitcoin has appreciated faster than all other asset classes,… pic.twitter.com/KJKE1hcrSw

— Galaxy Research (@glxyresearch) December 27, 2024

Analysts mentioned that since its inception, the appreciation rate of BTC has been faster than all other asset classes, especially the S&P 500 index and gold. It is expected that this trend will continue in 2025, and the market value of BTC will reach 20% of the total market value of the gold market.

The report pointed out that BTC ETP products have attracted over 36 billion US dollars in net capital inflows this year, attracting many large hedge funds and institutional investors to enter the market, becoming the best-performing ETP product combination in history. Looking ahead to 2025, Galaxy Digital estimates that the total assets under management (AUM) of US BTC spot ETPs will exceed 250 billion US dollars.

On the other hand, with the regulatory pressure in the DeFi and staking fields easing, Galaxy Digital is also bullish on Ethercoin setting a new historical high in 2025, surpassing $5,500.

The report further states that next year, the collaboration between DeFi and traditional finance may unfold in a new regulatory sandbox environment, allowing the traditional capital market to explore public blockchains more deeply, with Ethereum and its ecosystem being the primary beneficiaries.

In addition, Galaxy Research predicts that Dogecoin (DOGE) is expected to surpass $1 for the first time in 2025, with a market value expected to reach $100 billion.

The report also mentioned that the Office of the Comptroller of the Currency (OCC) in the United States is planning to open up a policy path for ‘digital asset custody for banks’, which will drive the world’s four major custodian banks - Bank of New York, State Street Bank, JPMorgan Chase, and Citibank - to launch digital asset custody services in 2025.

As for whether the US government will start buying BTC next year, Galaxy Research believes that the chances are slim, but it is likely to establish a ‘BTC strategic reserve’ using existing coin holdings and promote discussions on expanding BTC reserve policies among government departments and institutions.

<Galaxy Research predicts: BTC will reach $185,000 next year, and Ether will skyrocket to over $5,500> This article was first published in “Block Times”.