Key Takeaways
- Bitwise forecasts Bitcoin reaching $200K by 2025.
- MicroStrategy and Coinbase may join major stock indices.
- Stablecoin market projected to grow to $400 billion.
Asset management firm Bitwise has outlined bold predictions for the Bitcoin market in 2025, forecasting BTC to reach $200,000 by the end of the year.
Stock market developments
The report suggests that Coinbase may join the S&P 500 and MicroStrategy could be included in the Nasdaq-100.
Bloomberg analysts have already predicted MicroStrategy’s likely inclusion in the Nasdaq-100 by Dec. 23, with an announcement expected on Dec. 13.
The stock, up nearly 450% year-to-date, could also join the S&P 500 next year as Bitcoin’s success propels it into the ranks of top public firms.
Stablecoin growth
Bitwise anticipates stablecoin assets will double to $400 billion, supported by favorable U.S. legislation.
The report also predicts a rise in the number of countries holding Bitcoin in national reserves, with Russia and Canada exploring initiatives and the U.S. showing optimism under Trump’s administration.
