Bitcoin Expected to Surpass $185K in 2025 as Countries Make Strategic Purchases: Galaxy Research.

According to a recent report from Galaxy Research, Bitcoin (BTC), the largest cryptocurrency, is projected to achieve significant price growth in 2025, potentially reaching or surpassing $185,000 by the fourth quarter. This price increase will be fueled by growing adoption from institutional investors, corporations, and nation-states.

Ether (ETH), the second-largest cryptocurrency, is also expected to see a rise, with predictions suggesting it could exceed $5,500 in the next 12 months.

Alex Thorn, Galaxy’s head of research, stated that Bitcoin’s upward trajectory will be driven by a combination of institutional, corporate, and governmental support. Galaxy anticipates that by 2025, five Nasdaq-100 companies and five nation-states will have added Bitcoin to their balance sheets or sovereign wealth funds. This growing competition among nations will help accelerate adoption in the coming years.

Galaxy further predicts that U.S. spot Bitcoin exchange-traded funds (ETFs) will surpass $250 billion in assets under management by 2025. Additionally, the firm expects at least one leading wealth management platform to allocate 2% or more of its portfolio to Bitcoin in the upcoming year.

The report also forecasts a major boom in Bitcoin’s decentralized finance (DeFi) sector, with the amount of BTC locked in DeFi expected to double from the current $11 billion.

Additionally, Bitcoin miners are anticipated to continue their shift toward high-performance computing (HPC), with more than half of the 20 largest Bitcoin mining companies likely to announce collaborations with artificial intelligence (AI) firms or hyperscalers in 2025.

Finally, Galaxy predicts that Bitcoin’s market capitalization will capture 20% of gold’s total market cap by next year, highlighting the growing role of Bitcoin as a store of value.