Galaxy Digital： Bitcoin market value may reach 20% of gold by 2025

According to CNBC, Alex Thorn, research director at cryptocurrency asset management company Galaxy Digital, believes that Bitcoin will break through $150000 in the first half of the year and reach $185000 in the fourth quarter. Alex Thorn wrote in a research report that "the adoption of institutions, businesses, and national institutions will drive Bitcoin to new heights by 2025. Since its inception, Bitcoin has appreciated faster than all other asset classes, especially the S&P 500 index and gold, and this trend will continue until 2025. Bitcoin's market value will also reach 20% of gold." Galaxy predicts that the total assets under management of US spot Bitcoin ETFs will exceed $250 billion by 2025. In addition, the company expects five Nasdaq 100 index companies and five countries to add Bitcoin to their balance sheets or sovereign wealth funds next year.