Analysts at Bernstein are projecting a $200,000 price target for Bitcoin by the end of 2025.
Analysts at Bernstein are projecting a $200,000 price target for Bitcoin by the end of 2025. This forecast is part of a broader outlook that anticipates significant changes in the crypto market, which the analysts describe as entering an "Infinity Age" characterized by mainstream acceptance and integration into financial systems.
The analysts expect that corporate treasury adoption will continue to grow, predicting inflows exceeding $50 billion in 2025, up from $24 billion in 2024. MicroStrategy is anticipated to remain a key player in this trend, alongside Bitcoin miners and small to mid-cap corporations.
Furthermore, they forecast that U.S. spot Bitcoin ETFs will attract net inflows surpassing $70 billion, doubling the approximately $35 billion observed in 2024.
Regulatory changes are also on the horizon, with expectations of a more pro-crypto administration that may prioritize legislation around stablecoins and digital asset market structures.
Bernstein predicts that the global stablecoin market will exceed $500 billion in 2025, driven by increased adoption beyond the crypto space, particularly in cross-border payments.
Additionally, the analysts note a potential shift in Bitcoin mining as companies may need to adapt by integrating artificial intelligence to enhance value creation. The convergence of AI and crypto is expected to foster innovation, leading to developments such as decentralized AI-focused blockchains and AI-integrated crypto wallets.
Ethereum is projected to gain traction among institutional investors, with around 28% of Ether staked and an increasing utility in various applications.
With these dynamics at play, Bernstein's predictions reflect a transformative period for cryptocurrencies as they become more embedded in the global financial system.