Bitcoin Price Could Reach $160,000 by 2025: Matrixport

Highlights:

• Matrixport predicts Bitcoin could reach $160,000 next year, with a 60% upside potential.
• Spot Bitcoin ETFs contributed to Bitcoin adoption, with over 8% expected to use it by 2025.
• Bitcoin ETFs hit $597.57 million in inflows, with BlackRock’s IBIT leading the surge.

The crypto trading platform Matrixport predicted that Bitcoin (BTC) could reach $160,000 by 2025, representing a potential upside of over 60%. In a December 13 report, the firm noted that the Bitcoin market is maturing as institutional adoption rises, regulatory clarity improves, and speculative activities grow.

Bitcoin’s price performance surpassed expectations this year. The leading cryptocurrency attracted more investors looking to gain returns through spot Bitcoin exchange-traded funds (ETFs). By 2025, more than 8% of people are expected to use Bitcoin. This will help Bitcoin become a main part of the global financial market. Changes in the global economy also support its price increase. Additionally, the rise in global liquidity helps boost Bitcoin’s value. The report highlighted Bitcoin’s resilience and its role in protecting against inflation. 

The company said key indicators, like the Greed & Fear Index, show the current consolidation phase may be shorter than before. The market is set for growth, with funding rates normalizing and market conditions stabilizing. The quick recovery from recent high conditions shows the market is strong and ready for the next phase.

#MatrixOnTarget Report📊 – Dec 13: #Bitcoin 2025 Target: $160,000 #Matrixport #Crypto #cryptomarket #MarketWatch #CryptoInvestors #BTC pic.twitter.com/hAjFPdq87U

— Matrixport Official (@Matrixport_EN) December 13, 2024

Spot Bitcoin ETFs Exceed 500,000 BTC in Net Inflows

The 12 U.S. spot Bitcoin ETFs surpassed 500,000 BTC in net inflows on Wednesday, less than a year after trading began on January 11. Vetle Lunde, head of research at K33, highlighted this milestone on X. He added that U.S. ETFs have absorbed more than 2.5% of the circulating Bitcoin supply since their launch in January.

Year-to-date flows to spot ETFs have surpassed 500,000 BTC!

U.S. ETFs have absorbed more than 2.5% of the circulating supply since their launch in January. pic.twitter.com/y5yNz7ksG1

— Vetle Lunde (@VetleLunde) December 12, 2024

Bitcoin ETF inflows reached $597.57 million on Thursday, up nearly 168% from the previous day. This marked the 11th consecutive day of inflows, totaling over $4.4 billion and pushing total net inflows to $35.17 billion. Most inflows went to BlackRock’s IBIT, with $431.6 million entering the fund. BlackRock, the largest asset manager, has seen a total of $35.49 billion in net flows since the fund’s launch.

Geopolitical tension and Donald Trump’s presidential win have pushed Bitcoin to new highs. Since January 2024, spot Bitcoin ETFs have played a key role in increasing Bitcoin adoption among traditional investors.

Bitcoin Price Could Reach $200K Next Year: Bitwise

Matrixport’s prediction aligns with a recent report from Bitwise Asset Management, a leading crypto ETF issuer. The “10 Crypto Predictions for 2025” report was released on December 10. Bitwise predicted that Bitcoin could reach $200,000 next year. The paper’s authors, Ryan Rasmussen and Matt Hougan, said Bitcoin ETFs could help drive Bitcoin’s price.

They also predicted a supply shock as more corporations and governments adopt Bitcoin. Additionally, they speculated that Bitcoin could reach $500,000 if the U.S. adopts a strategic BTC reserve. Senator Cynthia Lummis proposed that the government purchase one million BTC over the next five years.

2025 PREDICTION: Bitcoin, Ethereum, and Solana will hit new all-time highs.

Our price targets for each:

Bitcoin: $200,000
Ethereum: $7,000
Solana: $750

Note: Predictions are not guarantees and are not investment advice. pic.twitter.com/ZDRGbuJWIJ

— Bitwise (@BitwiseInvest) December 10, 2024

At the time of writing, Bitcoin was trading at $100,094, showing a 0.82 % decrease in the last 24 hours. Its price fluctuated between $99,210 and $102,501, indicating slight volatility. Bitcoin’s market cap reached $1.98 trillion, with a trading volume of $68.59 billion during this period.