As optimism grows for Bitcoin and altcoins in 2025, Ryan Rasmussen, President of Bitwise Research, has shared his bold forecasts for the year.
In a recent post, Rasmussen laid out his expectations for key cryptocurrencies and broader market trends.
He predicted that Bitcoin could reach $200,000, Ethereum $7,000, and Solana $750 in 2025. Additionally, he believes spot Bitcoin ETFs will continue to thrive, with ETF inflows surpassing their previous peak from 2024.
Rasmussen also forecasted an acceleration in Bitcoin and cryptocurrency adoption, projecting that Bitcoin’s market cap will surpass gold’s $18 trillion valuation by 2029. Highlighting the growing integration of crypto into traditional finance, he expects significant developments in 2025, including:
As a bonus prediction, Rasmussen suggested Bitcoin could trade above $1 million by 2029, cementing its dominance over gold as a store of value.
While ambitious, these predictions reflect growing enthusiasm for the integration of cryptocurrencies into mainstream finance and the potential for substantial growth in the years ahead.
As countries around the world move faster to integrate digital assets into their financial systems, the United States is keeping Bitcoin at arm’s length—especially when it comes to the idea of holding it in national reserves.
Riot Platforms, one of the largest publicly traded Bitcoin miners in the U.S., cashed out $38.8 million worth of Bitcoin in April as mining margins tighten across the sector.
BlackRock has significantly strengthened its position in the Bitcoin ecosystem, with its total exposure now surpassing $5.4 billion as of the first quarter of 2025, based on figures from Timechainindex.
Florida has quietly withdrawn two proposed bills that would have allowed the state to hold Bitcoin as part of its public fund strategy, stalling momentum on what was once seen as a bold move toward crypto adoption at the state level.