Analysts by Binance, Bitwise and Standard Chartered noted the potential of bitcoin as a key digital asset. They stated that this is facilitated by an increase in institutional interest, the development of infrastructure and positive changes in the practice of regulating cryptorrhniks. In particular, the approval of the spotal ETF on Bitcoin in the United States has already attracted significant investments, which strengthened the position of the first cryptocurrency in the global market.
The head of the BitWise Research Department Ryan Rasmussen predicts that by the end of 2025, the price of bitcoin can reach $ 200,000 if the macroeconomic conditions remain favorable.
“Institutional demand and limited proposal create ideal conditions for growth,” Rasmussen believes.
Standard chartered experts are more optimistic. They emphasized that Bitcoin posthaling cycles traditionally stimulate the increase in the cost of the first cryptocurrency. The Standard Chartered expects that in the short term, the price of bitcoin can approach $ 250,000, and reach $ 500,000 to 2035.
Binance analyst Kirill Khomyakov said that in the short term, macroeconomic instability forces investors to avoid risks. At the same time, Bitcoin has already proved stability, and after sharp falls he played out losses in a matter of weeks.
The Binance expert believes that against the backdrop of geopolitical tension, interest in bitcoin will grow, since private and institutional investors see the first cryptocurrency alternative to traditional financial instruments, especially in the conditions of a drop in the purchasing power of fiat currencies.
Experts warn that by 2035, competition from state digital currencies (CBDC) may intensify, which may limit the use of bitcoin in international calculations. Experts also expect that geopolitical instability or toughening of crypto regulation in the EU and China can slow down the ascending Bitcoin rally. However, in their general opinion, the role of the flagship cryptocurrency as “digital gold” will still remain significant.
Earlier, Strategy, the largest corporate bitcoin holder, announced the temporary suspension of the purchase of the first cryptocurrency.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
