Bitcoin is close to US$100,000 in the last 24 hours while the cryptocurrency market registers increases of up to 7%, led by Avalanche (AVAX) this Monday, January 6. Cryptocurrencies start the month with strong bullish momentumafter a December that led Bitcoin to reach an all-time high of US$108,388.
Meanwhile, Ethereum advances 1%, reaching US$3,600, while Hedera stands out with an increase of 3.8%. The market is showing signs of optimism, supported by renewed interest in digital assets.
In this framework, although most analysts expected a correction, the expectation is optimistic in the long term. For CoinShares, the cryptocurrency could move between 150,000 and US$80,000. “Disappointment around Trump’s proposed crypto policies and doubts over their enactment could lead to a significant market correction,” said his head of research at the cryptocurrency-focused asset manager, James Butterfill.
According to Matrixport, The price of bitcoin could reach US$160,000 in 2025, driven by sustained demand for bitcoin ETFs, a favorable macroeconomic environment, and an increase in global liquidity. Markus Thielen, head of research at the firm, anticipates that the Price corrections will be “less pronounced” in that year.
Galaxy Digital, for its part, projects that the cryptocurrency will exceed US$150,000 in the first half of the yearreaching US$185,000 in the fourth quarter. Alex Thorn, head of research at the company, attributes this growth to a combination of institutional, corporate and state adoption.
Cryptocurrencies: optimism continues for the price of Bitcoin in the short term
At Standard Chartered, The forecasts are even more optimistic, estimating that bitcoin will double its value and reach $200,000. by the end of 2025. Geoffrey Kendrick, head of digital asset research, believes that institutional flows into bitcoin will remain at levels equal to or higher than those in 2024.
From Bit Mining, Bitcoin is expected to reach a price range between $180,000 and $190,000 in 2025.. However, Youwei Yang, the firm’s chief economist, warns of possible occasional corrections despite the projected strong bullish momentum.
Maple Finance also forecasts a range of between $180,000 and $200,000 by the end of 2025. Sid Powell, CEO and co-founder, argues that cryptocurrencies, including bitcoin, will consolidate as a core allocation in the portfolios of institutional asset managers.
Finally, Nexo presents the most ambitious projection, anticipating that the Bitcoin will reach US$250,000 in a year. Elitsa Taskova, product director, highlights the importance of the Federal Reserve’s decisions and their impact on the dynamics of rates and inflation, key factors for the behavior of bitcoin in 2025.
Meme cryptocurrencies grew by 500% in 2024
Cryptocurrencies meme or coin memeinitially seen as the result of mere jokes circulating on the Internet, have become some of the most prominent protagonists of the 2024-2025 bullish trend, profoundly transforming the valuation and trading criteria for digital assets. A report from DWF Labs reveals that the market capitalization of these currencies rose from $20 billion in January to more than $120 billion by the end of 2024, which represents an astonishing 500% increase in just one year.
Source: Ambito
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