VanEck Predicts $180K Bitcoin, US Strategic Reserve, and Bank Custody by 2025

Asset management firm VanEck forecasts a massive bull run for cryptocurrencies. It predicts Bitcoin will reach as high as $180K, and other major digital assets will reach record highs by the end of 2025.

The firm projected in a December 13 blog post that the cryptocurrency bull market will experience a “medium-term peak” in the first quarter of 2025 before a period of consolidation and eventual recovery leads to new all-time highs.

VanEck Predicts Bitcoin at $180K and Ethereum Above $6K in the Next Market Cycle

According to a blog post published on December 13 by Matthew Sigel, VanEck’s head of digital asset research, at the anticipated market peak, VanEck expects Bitcoin (BTC) to reach approximately $180,000, with Ethereum (ETH) surpassing $6,000.

Other major cryptocurrencies, including Solana (SOL) and Sui (SUI), could see valuations exceeding $500 and $10, respectively.

However, the firm forecasts a summer correction, with Bitcoin facing a 30% retracement and altcoins potentially declining by up to 60%.

Despite these setbacks, VanEck expects a recovery by the fall, with major tokens regaining momentum and achieving new highs before the end of the year.

NEW: Spot #Bitcoin ETF issuer VanEck is predicting in 2025:
– $180,000 bitcoin price
– Banks will be allowed to custody bitcoin
– US will adopt Strategic Bitcoin Reserve
– Bitcoin ETFs will support in-kind creations & redemptions
THIS WOULD BE MASSIVE 🚀 pic.twitter.com/l6JyjFaaRc

— Nikolaus Hoffman (@NikolausHoff) December 13, 2024

The firm has identified several key indicators to monitor for signs of speculative market peaks. For example, high funding rates on Bitcoin perpetual futures above 10% for three months could indicate speculative excess.

Similarly, many Bitcoin holders with unrealized profits exceeding a 70% profit-to-cost ratio suggest market euphoria.

An overvalued market cap relative to realized value, measured by MVRV scores above 5, often signals overheated conditions.

Additionally, a decline in Bitcoin’s dominance below 40% could indicate late-cycle speculative shifts into riskier altcoins.

Increased speculation from non-crypto-savvy individuals is also a warning sign of mania near a market top.

The blog post also reflects on previous predictions made by Sigel, including a projection that Bitcoin could climb to $2.9 million per coin by 2050 and Ethereum reach $22,000 per token by 2030.

Trump’s Pro-Crypto Administration: A Boost for Bitcoin Institutional Adoption?

The market outlook for Bitcoin reflects growing bullish sentiment among experts.

Cathie Wood, CEO of ARK Invest, has predicted BTC will surpass $1 million by 2030, citing increased participation from major investment banks like Morgan Stanley and Bank of America.

Similarly, Henry Arslanian, co-founder of Nine Blocks Capital Management, believes President-elect Donald Trump’s pro-crypto administration will drive institutional adoption.

In a November 6 X post, he highlighted opportunities for asset managers and family offices to enter the U.S. crypto market.

What is the impact of Trump’s win on the #Bitcoin and #Cryptocurrency markets?
3 things to watch:
– change of US regulatory stance
– further entry of institutional investors
– wave of M&A in the space pic.twitter.com/9rJAJNO6h9

— Henri Arslanian (@HenriArslanian) November 6, 2024

Analysts are optimistic about Bitcoin’s price trajectory. Crypto research firm 10x Research suggests BTC could reach $100,000 by January 2025, noting historical patterns where a six-month high typically leads to a 40% median gain over three months.

Independent analyst Mags also predicts Bitcoin could hit $250,000 within a year, referencing its 360% post-election rally in 2020 and potential similar growth in 2024.

MicroStrategy’s bold Bitcoin strategy continues to yield massive returns. Since 2020, the firm has invested $23.5 billion to amass over 400,000 BTC, equivalent to 2% of Bitcoin’s total supply.

As of December 7, its holdings are valued at $40 billion, with an unrealized profit of $16.5 billion—a 70% return on capital.

The post VanEck Predicts $180K Bitcoin, US Strategic Reserve, and Bank Custody by 2025 appeared first on Cryptonews.

HOT news

Related posts

Latest posts

No E-mail, No Account, No KYC: How GhostSwap Swaps 1,600+ Cash in One Step

The normal crypto alternate expertise is something however easy. It's essential create an account, then confirm your electronic mail, and submit id paperwork. Then...

Might Japan Turn out to be XRP’s Greatest Development Market? Right here’s Why the Odds Are Rising

Even in instances when XRP and the corporate behind it weren't in fine condition of their residence nation, Japan has lengthy stood out as...

4 Issues That Might Affect Crypto Markets This Week

Crypto markets have largely held on to positive factors over the weekend, however have been trying a bit shaky on Monday morning as merchants...

What are your plans for AI Appreciation Day?

One of the simplest ways to have a good time AI Appreciation Day is to not.

Google Gemini AI Simply Predicted This Solana Worth for Subsequent 90 Days

Google Gemini AI simply made essentially the most contrarian Solana worth prediction case on this whole sequence, opening by calling the present setup a...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!