PANews reported on January 1 that according to CNBC, Youwei Yang, chief economist of BIT Mining (BTCM), a cryptocurrency mining company, predicted that the price of Bitcoin will reach between $180,000 and $190,000 by 2025, but he is also cautious about the possible price correction. He said that the price of Bitcoin may see a sharp upward momentum in 2025, but there will be occasional sharp corrections. During periods of market volatility, such as a sharp drop in the stock market, Bitcoin may temporarily fall to around $80,000. However, the overall trend is expected to remain bullish. Factors that are expected to drive Bitcoin up in 2025 include lower interest rates, Trump's support, and increased institutional adoption.
Industry insiders: Bitcoin could reach a peak of $180,000 to $190,000 this year, or may experience a sharp correction occasionally
- 2025-01-04
Should traditional companies buy Bitcoin?
- 2025-01-04
Bitcoin spot ETF had a net inflow of US$908 million yesterday, and the ETF net asset ratio reached 5.72%
- 2025-01-04
Solv Lianchuang denies allegations of asset security issues
- 2025-01-04
BTC breaks through $98,000, up 0.49% on the day
- 2025-01-04
Trump's "hush money" case will be sentenced on January 10
- 2025-01-04
Weekly highlights: AI Agent becomes an absolute hot topic, top tokens hit new highs; European MiCA Act implemented; Bitcoin rebounds