Galaxy Research predicts Bitcoin, Ethereum, and Dogecoin to reach new highs in 2025

From Investing.com

December 31, 2024 1:30:19 pm:

2024 was a significant year for cryptocurrencies and digital assets, with new price highs, record inflows, policy shifts, and increased institutional adoption.

Galaxy Research has unveiled its 2025 predictions for major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin, citing key drivers, potential targets, and an optimistic outlook driven by blockchain technology advancements and market adoption.

Bitcoin is predicted to exceed $150,000 in the first half of 2025 and potentially reach or surpass $185,000 in Q4, with institutional, corporate, and nation-state adoption propelling it to new heights.

Ethereum is expected to trade above $5,500 in 2025, with regulatory headwinds for DeFi and staking easing, leading to new all-time highs and partnerships between DeFi and traditional finance sectors.

Galaxy forecasts that Dogecoin will hit $1, reaching a $100 billion market cap as the world’s largest meme coin.

Read more at Investing.com: Galaxy Reveals 2025 Price Targets for Bitcoin, Ethereum, Dogecoin: Details By U.Today