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

Odaily Planet Daily News: Alex Thorn, the research director of cryptocurrency asset management company Galaxy Digital, believes that Bitcoin will surpass $150000 in the first half of the year and reach $185000 in the fourth quarter. Alex Thorn wrote in a research report, "The adoption of institutions, businesses, and national institutions will drive Bitcoin to new heights by 2025. During its existence, Bitcoin's appreciation rate will exceed all other asset classes, especially the S&P 500 index and gold, and this trend will continue in 2025. Bitcoin will also reach 20% of gold's market value Galaxy predicts that the asset management scale of US spot Bitcoin ETFs will exceed $250 billion by 2025. The company expects five Nasdaq 100 index companies and five countries to add Bitcoin to their balance sheets or sovereign wealth funds next year. （CNBC）