CoinShares: BTC may reach $150,000 or $80,000 by 2025

Odaily Planet Daily News Cryptocurrency asset management company CoinShares research director James Butterfill said he believes the price of BTC could reach $150,000 or $80,000 by 2025. If Butterfill’s predicted price of $80,000 is realized, it would be due to the failure of Trump’s promised pro-Cryptocurrency policies. James Butterfill said, ‘The disappointment and skepticism surrounding Trump’s proposed Cryptocurrency policies could trigger a significant market pullback.’ James Butterfill said that in the long run, it is not unreasonable for the market value of BTC to reach 25% of the gold market share (currently about 10%), which would be equivalent to a price of $250,000 for BTC. But he doesn’t think it will happen next year. James Butterfill pointed out, ‘However, the timing for this is difficult to grasp. I don’t think it will happen in 2025, but it will move in that direction.’ He said that the possibility of BTC reaching $80,000 and $150,000 within a year is ‘very high’. Next year, James Butterfill expects a favorable US regulatory environment to be the main driving force behind the BTC price. In 2023, CoinShares predicted that the price of BTC in 2024 would be $80,000. (CNBC)