21Shares: Bitcoin will reach $ 200,000 by the end of 2025

Recent inflation data in the United States has set the stage for new growth in bitcoin BTC $104,982.53 Bitcoin -2.02% Market capitalization $2.09 trillion VOL. 24 hours $2.93 billion - with the potential to reach $ 200,000 by the end of 2025. This estimate was voiced by Matt Mena, a crypto research strategist at 21Shares, in a commentary for CoinDesk. According to him, a low increase in the consumer price index (CPI) for May of only 0.1% (with a forecast of 0.2%) could be a catalyst for a change in the US Federal Reserve’s policy.

At the time of the news publication, the price of bitcoin was $ 108,440, and according to Mena, if the cryptocurrency confidently breaks through the $ 105,000-$ 110,000 range, we should expect a rapid movement to $ 120,000 this summer. Moreover, the new inflation report increases the likelihood of reaching the annual target of $ 138,500 by the end of the summer, not December. If the current dynamics continue, the $ 200,000 mark may become realistic before the end of the year.

Market expectations have also shifted: investors are already pricing in the possibility of two cuts to the Fed’s discount rate in 2025. The probability of the first cut in September is estimated at more than 70%, and the second is fully priced into October prices. All of this contributes to an improved macroeconomic picture for cryptocurrencies, especially amid growing institutional demand.

In addition to the macroeconomy, other factors also play in favor of the flagship crypto market: the active introduction of digital assets at the state level (for example, BTC strategic reserves), the expected adoption of legislation on stablecoins in the United States, as well as new inflows to exchange-traded funds (ETFs) investing in bitcoin. Mena emphasizes that this environment is ideal for bitcoin to establish itself as a full-fledged financial instrument in global portfolios.

As a result, a favorable combination of moderate inflation, expectations of lower rates, and systemic adoption of bitcoin among governments and institutions could accelerate the price of the cryptocurrency to new record levels in the near future.