2025, the ‘Year of the Crypto IPO’? Why analysts are confident

Quick Summary:

Notably, Bitcoin could even reach $500,000 next year if the U.S.adopts Senator Cynthia Lummis’ proposal for a strategic Bitcoin reserve, acquiring over 1 million BTC within five years.

This is because institutional investors are gradually increasing their Bitcoin allocations to 3%, with prominent wirehouses expected to join the market in 2025.

Additionally, they predicted that Bitcoin [BTC] will surpass $200,000 by the end of 2025 and potentially exceed gold’s $18 trillion market cap by 2029.

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets: United States

Topics: Trading View News 1 News Ambcrypto Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 22:00:46 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 24362852

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 24 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Website Security: Secure (HTTPS)

Publisher ID: #103

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