Forecaster predicts cryptocurrency market value to soar to $7.5 trillion, Bitcoin to surge to $150,000 by 2025.
Bernstein analysts recently predicted that the cryptocurrency market cap will reach $7.5 trillion by 2025, with Bitcoin expected to reach $150,000. This forecast suggests that leading cryptocurrencies like Bitcoin, Ethereum, and Solana will continue to see significant growth if large-scale investments continue.
The projection indicates that the market value of crypto assets will expand from its current $2.8 trillion to $7.5 trillion, with Bitcoin leading the way. Bitcoin’s value is expected to reach $3 trillion by 2025, driven by the successful launch of exchange-traded funds linked to the cryptocurrency. This surge in value could potentially push Bitcoin’s price to $150,000 next year.
In other news, Robinhood’s stock price has experienced a significant increase following positive operational data for February. The company’s managed assets and trading volume have risen, leading to a more than 40% increase in its stock price this year. Analysts at Bernstein have initiated coverage on Robinhood Markets and recommend a strong buy, expecting a significant upswing in the crypto market. Gautam Chhugani, an analyst at Bernstein, predicts that Robinhood’s cryptocurrency trading volumes will increase ninefold within two years, making it a lucrative investment opportunity.
Overall, the cryptocurrency market is projected to experience substantial growth in the coming years, with Bitcoin leading the charge. Investors are advised to capitalize on this growth trajectory, particularly in companies like Robinhood that are heavily involved in the crypto market.
