As 2024 draws to a close, Bitcoin (BTC) and the broader cryptocurrency market are poised for a promising year ahead.
With expectations of a robust bull market and potential all-time highs (ATHs) for BTC and altcoins in 2025, predictions for the coming year are already surfacing.
Swiss crypto bank Sygnum has released its projections for 2025, highlighting an expected surge in institutional investment. According to the bank, increased institutional inflows could propel Bitcoin’s price to new heights. Sygnum also noted that every $1 billion in net U.S. spot ETF inflows could boost BTC’s value by 3-6%.
Sygnum’s Chief Customer Officer, Martin Burgherr, emphasized that with clearer regulations in the U.S. and the possibility of Bitcoin being recognized as a central bank reserve asset, 2025 could witness a significant surge in institutional Bitcoin participation, potentially driving prices even higher.
While the outlook for Bitcoin remains positive, Sygnum’s analysts are more cautious when it comes to altcoins. Without favorable U.S. regulations, they predict that altcoins may lag behind Bitcoin. The bank specifically highlighted the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Stable Payments Act as key legislative factors that could influence the future of cryptocurrencies.
European banking giant UniCredit is preparing to offer its professional clients a new investment product linked to BlackRock’s spot Bitcoin ETF (IBIT), according to a report by Bloomberg.
Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont signed House Bill 7082 into law, placing sweeping restrictions on how the state and its agencies can engage with cryptocurrencies.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.