Galaxy Reveals 2025 Price Targets for Bitcoin, Ethereum, Dogecoin: Details

2024 is an important year for Bitcoin and digital assets. New price highs, record-breaking inflows, policy changes, and increased institutional adoption have marked the year 2024. As the cryptocurrency market heads towards 2025, Galaxy Research has released its forecast for the upcoming year. In its report, the investment management company led by cryptocurrency enthusiast Mike Novogratz highlighted the main drivers and potential targets for major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

These forecasts provide an optimistic view of Galaxy's prospects for the coming year, driven by expected developments in blockchain technology, market acceptance, and macroeconomic changes. As 2024 draws to a close, crypto enthusiasts and investors are closely monitoring developments that could shape the market in the coming year, laying the foundation for a potential explosion in 2025. Bitcoin, Ethereum, and Dogecoin Price Prediction in 2025 In a recent report, Galaxy Research revealed price targets for three major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Galaxy predicts Bitcoin will surpass $150,000 in the first half of the year and test or exceed $185,000 in Q4 2025. "The combination of adoption by organizations, businesses, and countries will take Bitcoin to new heights by 2025. Throughout its existence, Bitcoin has outperformed all other asset classes, especially the S&P 500 and gold, and that trend will continue into 2025. Bitcoin will also reach 20% of the market cap of gold," Alex Thorn, head of research at Galaxy, wrote. Ethereum, the second largest cryptocurrency by market capitalization, is expected to trade at $5,500 in 2025, as legal barriers to DeFi and staking are expected to diminish, propelling Ethereum to new record highs. Thorn predicts that the new partnership between DeFi and TradFi, which can be implemented in a test environment under new regulations, will ultimately allow traditional capital markets to seriously test public blockchain, with Ethereum and its ecosystem receiving the most attention. Corporations will increasingly experiment with their own Layer 2 networks, primarily based on Ethereum technology. Some blockchain-based games will discover the fit between products and the market, and the volume of NFT transactions will increase significantly. Galaxy predicts that Dogecoin will eventually reach $1, with the world's largest and oldest meme currency reaching a market capitalization of $100 billion. DYOR! #Write2Win #Write&Earn $ETH #BtcNewHolder {spot}(ETHUSDT)