Van Eck: Bitcoin will rise to $ 180,000 in 2025

Cryptocurrency experts from VanEck predict that bitcoin BTC $91,022.15 Bitcoin -0.34% Market capitalization $1.8 trillion VOL. 24 hours $2.24 billion will grow to $ 180,000 next year. This growth rate will be facilitated by the positive stance on cryptocurrencies of the newly elected US President Donald Trump.

Crypto expert Matthew Siegel noted that the current growth is just the beginning of a big rally. Analyzing the behavior of the bitcoin market in 2020, the crypto strategist believes that bitcoin could break records again.

It is worth emphasizing that if this forecast comes true, it will mean the growth of the virtual asset by an incredible 1,000% from its lowest point.

It is reported that as the price of bitcoin rises, more and more investors are paying attention to it. Thus, many investment advisors have begun to consult about the possibility of investing in cryptocurrencies.

Such interest may lead to an inflow of capital into the market, which will support further growth in the value of bitcoin.

Recently, a lawsuit was filed against the Securities and Exchange Commission (SEC) by 18 US states. It complained of excessive pressure on the industry.

Thus, if the SEC loses, it may open the way for even more investors to enter the cryptocurrency market.

Analysts also predict that bitcoin may experience corrections of 6 to 10%, as it did after the 2020 elections. However, the overall trend will remain positive.

As you know, bitcoin showed significant growth after the US elections on November 5. The price of the cryptocurrency jumped by about 30% and reached almost $ 93,500 as of November 13 before dropping to $ 88,100 a few days later.

By the way, cryptocurrency analyst and founder of BitMEX Arthur Hayes said that the policy of the next US President Donald Trump will lead to an increase in the price of bitcoin to $ 1 million. The same opinion was expressed by the famous cryptocurrency analyst Michael van de Poppe.

Also, cryptocurrency analyst Lark Davis spoke about the factors that could push Bitcoin to $ 200,000 in 2025. The expert drew attention to the support for Bitcoin from Donald Trump’s supporters, including Robert Francis Kennedy Jr. and J.D. Vance.