Breaking
December 13, 2024

Bitcoin to hit $160k by 2025, predicts Matrixport Ashish Kumar | usagoldmines.com

Bitcoin’s 2024 performance has already shattered expectations. After breaching $100k recently, it is expected that the biggest crypto might hit $160k by 2025. The massive 136% Year-to-date (YTD) surge for BTC has been driven by institutional adoption, increasing use cases, and growing regulatory clarity. 

The global crypto market has seen Bitcoin regain the spotlight after Donald Trump’s US presidential election win. BTC price has soared by over 55% in the last 30 days while its supremacy grew to 55.21%. The cumulative digital assets market cap is hovering around the $3.6 trillion mark.

Matrixport sees Bitcoin at $160K

According to the Matrixport report, BTC price is expected to reach $160,000 in 2025, which is still a 60% upward run from current market conditions. This target comes with projections of sustained demand for Bitcoin ETFs, macroeconomic shifts, and global liquidity expansion.

Its analysis recommends a 1.55% allocation for optimal diversification and portfolio stability. The report mentioned that adoption is nearing a critical threshold and Bitcoin could cross the 8% global adoption mark by 2025.  

Recently, BlackRock advised limiting BTC to 2% of a multi-asset portfolio by citing its volatility. The world’s largest asset manager suggests that this allotment is needed to balance risk akin to tech stocks in a classic 60/40 portfolio.

The report mentioned that the market dynamics have changed as there are not many chances of 80% drawdowns based on increased institutional involvement and strong surges in dip buying activity. While corrections remain natural, they are expected to be less severe.

Indicators like the Greed and Fear Index show a shorter consolidation phase. This comes with normalized funding rates and stabilizing markets. As of now, the index is at “Extreme Greed.” BTC is trading at an average price of $100,474 as of press time.

Trump’s crypto plan

President-elect Donald Trump has already outlined his plans for the US to become the global leader in crypto. In a recent interview with CNBC’s Jim Cramer, Trump stated, “We’re gonna do something great with crypto.” He also stressed the importance of staying ahead of international competitors like China.

The creation of a national strategic Bitcoin reserve is one of the bold declarations Trump made during his campaign. The move would undoubtedly solidify the country’s role in the crypto ecosystem.

Meanwhile, his venture into the crypto sector and collaboration with billionaire Steve Witkoff has raised ethical concerns. The most recent is its partnership with the Tron platform, which has the infamous reputation as the preferred platform for terror groups and criminal activities.

Data show that Trump’s World Liberty has bought another 37,052 LINK(approximately worth $1 million) at $27 and 685 AAVE (approximately worth $246.7K) at $360. The organization has also been reported to spent $30 million USDC to buy 8,105 Ether and $10 million USDC to add 103 cbBTC since November 30.

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Early Bitcoin investor jailed for falsely reporting crypto gains in $4M BTC sale Florence Muchai | u...
Bitcoin holds strong above $100k as corporate executives offload stocks Shraddha Sharma | usagoldmin...
Lithium Registers as an Official Company in California and Offers a Pre-Sale Price of $0.2 with a La...
Bitcoin Whales and DeFi Enthusiasts Align: This Blockchain Could Be the Next Big Thing Cryptopolitan...
President Trump’s economic and diplomatic decisions are purely based on vibes, not national interest...
Broadcom stock rallied on strong Q1 FY2025 AI projections Enacy Mapakame | usagoldmines.com
3-Year Peak: Chainlink Rally Fueled By Historic Open Interest Levels Christian Encila | usagoldmines...
Cardano Foundation regains social media control amid governance turmoil Oluwapelumi Adejumo | usagol...
Mark Cuban says ignoring crypto cost his friend Kamala Harris the US election Jai Hamid | usagoldmin...
Gate.io dismisses breach rumors as token hits new ATH Florence Muchai | usagoldmines.com
Hyperliquid (HYPE) trades near all-time high as DeBridge deposits to its native DEX open Hristina Va...
Dogecoin Price Slump Looms, Analyst Points To Only One Lifeline Jake Simmons | usagoldmines.com
Texas Fixin’ to Start Strategic Bitcoin Reserve, Great News for $STARS Meme Coin Tracker Which Just ...
Solana emerges as fastest-growing ecosystem for developers globally Oluwapelumi Adejumo | usagoldmin...
Topology Ventures Led by Casey Caruso Raises $75M Tanzeel Akhtar | usagoldmines.com
SwapSpace Launches Mobile App to Enable Seamless Crypto Swaps Anytime, Anywhere KEY Difference Wire ...
Whales and institutions are accumulating defi tokens on Ethereum – Here’s what they’re buying Floren...
Real Bitcoin (BTC) dominance falls against other proof-of-work coins Hristina Vasileva | usagoldmine...
China’s Xi Jinping says no to attending Trump’s inauguration. As he should Jai Hamid | usagoldmines....
DOGE’s Elon Musk is in a fix with the SEC and Gensler: ‘Oh Gary, how could you do this to me?’ Flore...
Australia’s Biggest Pension Fund Makes Historic $17M Bitcoin Investment, A National First Ronaldo Ma...
Expert Eyes $35 XRP Price, Says Holders To Become ‘Filthy Rich’ Christian Encila | usagoldmines.com
Gate io denies hacking rumors amid its GateToken rally to new ATH Oluwapelumi Adejumo | usagoldmines...
Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development Oluwapelumi ...
WazirX hack victims to see relief soon? On-chain data sparks hope Ashish Kumar | usagoldmines.com
Avalanche (AVAX) locks in $250M private sale round ahead of Avalanche9000 upgrade Hristina Vasileva ...
Ethereum: Analysts Eye $4,100 Target As ETH Reclaims Key Support Level Rubmar Garcia | usagoldmines....
IQ launches decentralized autonomous AI agents for conversational trading execution Liam 'Akiba' Wri...
Layer3 Co-founder Brandon Kumar on building a user-centric crypto engagement platform News Desk | us...
Microsoft debuts Phi-4, a new generative AI model – Here’s the package Florence Muchai | usagoldmine...
Russian Police Arrest 300 in Raid on ‘International Crypto Call Center Scammers’ Tim Alper | usagold...
How A Strategic Bitcoin Reserve Will Impact Texas, Its Economy And Taxpayers Rachel Wolfson | usagol...
Pro-Crypto Rep. French Hill Chosen to Lead House Financial Services Committee Shalini Nagarajan | us...
Bitcoin Price Near $100K: Kraken Faces $5.1M Fine and Texas Pushes Bitcoin Reserve Bill Arslan Butt ...
Bitcoin and Ether ETFs Combined See $870M Daily Inflows Amid Investor Confidence Shalini Nagarajan |...
Solana Ecosystem Outpaces Ethereum in Terms of New Crypto Developers: Report Sujha Sundararajan | us...
Binance Leads with $21.6 Billion in Deposits in 2024, Outpacing Top 10 Exchanges Combined Ruholamin ...
Bank of England Demands Firms to Disclose Crypto Exposure by March 2025 Ruholamin Haqshanas | usagol...
Former Grayscale CEO Joins Tokenization Platform Securitize Tanzeel Akhtar | usagoldmines.com
Key Leader in Digital Euro Efforts Resigns to Quash German Bias Claims Shalini Nagarajan | usagoldmi...
U.S. Judge Slams FDIC for Redacting Crypto ‘Pause Letters’ in Coinbase-Backed FOIA Lawsuit Ruholamin...
Solana Price On The Rise: Key Resistance At $235 Could Spark Major Breakout Ronaldo Marquez | usagol...
Bitcoin ETFs break $4 billion in inflows during first weeks of December Liam 'Akiba' Wright | usagol...
Crypto Proponent French Hill Takes Charge of Key U.S. Finance Committee Vijay Gir | usagoldmines.com
What Is the FDIC Hiding? Coinbase’s Legal Fight Uncovers Red Flags Qadir AK | usagoldmines.com
CHILLGUY Meme Coin Secures Licensing Deal with Philip Banks Qadir AK | usagoldmines.com
Crypto Prices (Dec 13, 2024): This is What Is Happening in the Crypto Market Today! Shrishesh Tanksa...
$4.26 Billion in Bitcoin and Ethereum Options Expires Today: What’s Next for Crypto? Mustafa Mulla |...
Ripple Price To Moon Soon? How Gaming and A.I on XRP can Fuel Massive Rally Anjali Belgaumkar | usa...
Dogecoin Network Hit by DogeReaper Exploit: What Went Wrong? Elena R | usagoldmines.com
Bitcoin Returns Above $100,000 As Monthly Inflows Hit $80 Billion Keshav Verma | usagoldmines.com
Crypto News | Trump reaffirms plans to do ‘something great with crypto’ under new administration Lia...
Crypto News | Australia’s ASIC fines Kraken operator Bit Trade $5M for regulatory breaches Oluwapelu...
Crypto News | Binance dominates 2024 with $21.6 billion deposits and record 250 million users Oluwap...
Crypto News | AVAX rises 10% after Avalanche Foundation raises $250M in preparation for blockchain u...
Crypto News | Ethereum supply squeeze and ETF demand set stage for $5,000 breakout Oluwapelumi Adeju...
Crypto News | Microsoft may be open to Ethereum ETFs despite voting against Bitcoin reserves Assad J...
Crypto News | Robinhood Crypto marks milestone year with $38 billion in assets and European expansio...
Crypto News | Crypto advocate French Hill takes helm of House Financial Services Committee Assad Jaf...
Crypto News | Regulated exchanges dominate Bitcoin trading volumes Andjela Radmilac | usagoldmines.c...
Crypto News | Texas lawmaker proposes state-managed Bitcoin reserve for financial stability Assad Ja...
Ripple Minted 13 Million RLUSD Stablecoin Across XRP, ETH Network Mustafa Mulla | usagoldmines.com
John Deaton Highlights SEC’s ‘Bullying Tactics’ With Elon Musk and Crypto Cases Debashree Patra | us...
The Game Awards 2024: Major announcements for the year 2025 Noor Bazmi | usagoldmines.com
XRP Bull Flag Breakout Could Lead Price To $4, Analyst Says Keshav Verma | usagoldmines.com
Donald Trump’s World Liberty Financial Adds $1M LINK and $246K AAVE Qadir AK | usagoldmines.com
Texas Bitcoin Reserve Strategy: How the New Bill Aims to Revolutionize State Finance Qadir AK | usag...
Astro Bot wins The Game of the Year title along with the Best Direction award Noor Bazmi | usagoldmi...
Cardano (ADA) Uptrend Faces Hurdles: Will Bulls Break the Barrier? Aayush Jindal | usagoldmines.com
Crypto vs. Banks: Trump’s Plan to Eliminate the FDIC Vijay Gir | usagoldmines.com
XRP Price Prediction For December 13 Anjali Belgaumkar | usagoldmines.com
Nuclear energy is inevitable as AI electricity demand continues to grow, Japan’s top utility advisor...
Don’t Miss the Best Crypto Presale of December 2024—Early Investors Are Already Cashing In Cryptopol...
Memecoin Supercycle Becomes Reality: Why Vantard is Cleaning Up Cryptopolitan Media | usagoldmines.c...
Sell Bitcoin When This Happens, Warns Analyst—Here’s What to Watch For Samuel Edyme | usagoldmines.c...
XRP Price Sets Stage for Bullish Continuation: What’s Next? Aayush Jindal | usagoldmines.com
Ukraine to Legalize Crypto in 2025, but Here’s the Catch Nidhi Kolhapur | usagoldmines.com
President Trump Vows to ‘Do Something Great With Crypto,’ Aims to Position U.S. as Global Head Shaya...
BlackRock Suggests 1-2% Bitcoin Allocation in Portfolios, Comparing Its Risk Profile to Tech Giants ...
Time to Buy LINK? Chainlink Open Interest Soars to All-Time High Chandan Gupta | usagoldmines.com
Nano Labs Boosts Bitcoin Holdings To 360 BTC Worth  $36.22 Million  Nidhi Kolhapur | usagoldmines.co...
Bitcoin’s Potential Price Surge to $108K: Will a Dip to $74K Follow? Anjali Belgaumkar | usagoldmin...
Time to Sell XRP? Crypto Whale Dumps $95.5M on Coinbase Chandan Gupta | usagoldmines.com
Grayscale Launches Investment Products for Lido DAO and Optimism  Nidhi Kolhapur | usagoldmines.com
3.3 Trillion SHIB Leaves Exchanges, Are Whales Buying? Chandan Gupta | usagoldmines.com
Big Breaking: SEC’s Gensler Threatens Elon Musk with Charges Unless He Settles in 48 Hours Anjali B...
Bitcoin May Face ‘Demand Shocks’ In 2025 Due To Growing Institutional Interest: Report Ash Tiwari | ...
Bitcoin Price Struggles at $100K: Is The Rally Losing Steam? Aayush Jindal | usagoldmines.com
Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond? Aayush Jindal | usagoldmines.com
BlackRock Suggests 1-2% Bitcoin Allocation in Portfolios, Comparing Its Risk Profile to Tech Giants ...
Shiba Inu Burns 17M Tokens – Could a Parabolic Rally Be Next? Joel Frank | usagoldmines.com
Key Indicators Signal Bitcoin’s Next Move: Should Investors Brace For A Market Shift? Samuel Edyme |...
Google and Harvard debut dataset with 1m public domain books for AI training Enacy Mapakame | usagol...
Travala Token (AVA) surges 300% following CZ’s endorsement and Binance’s early investment Nellius Ir...
MicroStrategy wins Bitcoin miners’ approval for convertible note strategy Jai Hamid | usagoldmines.c...
Chainalysis extends Solana support to cover Pump.fun memecoins Nellius Irene | usagoldmines.com
Japanese Lawmaker Asks Government to Create National Bitcoin Reserve Tim Alper | usagoldmines.com
Shiba Inu Price Rebounds Toward $0.00003, Taking 69% Of All Holders Back Into The Green Scott Mather...
Rep French Hill to lead House Financial Services Committee, promises to look into crypto debanking i...
Hacker Exposes $DOGE Flaw, Puts the Network at Risk Victor | usagoldmines.com

Leave a Reply