The cryptocurrency market has moved little throughout the last day, Bitcoin Market Trends but it is still in the green. Over the last day, its value dropped one percent to $3.53 trillion.
As of this writing, the daily volume of crypto trades is $145 billion. One out of the top 100 currencies by market cap fell today, bringing the total number of coins down to about a third. Further, five out of the top ten coins have seen price declines today.
H.C. Wainwright Predicts Bitcoin at $225K by 2025
Investment firm H.C. Wainwright said, as reported by CNBC, that due to increasing institutional acceptance and regulatory certainty, Bitcoin Market Trends current price would more than double this year.
The firm announced a 130% hike, from $145,000 to $165,000, in a note to investors on January 2nd. This would put the market cap of all gold-related assets at $4.5 trillion, or over 25% of the total. H.C. Wainwright analyst Mike Colonnese predicted that Bitcoin will reach $225,000 per coin by the end of 2025.
He made this prediction after considering historical price cycles, recent price action, the availability of spot ETF products in the US, the expectations of a more favorable regulatory environment for the digital assets industry under the new administration, and the rapidly increasing adoption of Bitcoin by institutional investors and corporations.
Bitcoin Could Drop to $70K Before Rising
Global liquidity has been trending downward since October, historically connected with Bitcoin Market Trends. Colonnese stated that, as a result, BTC could retrace back to the mid-$70,000 range in early 1Q25 before resuming its uptrend.
According to the company, there is a 60% probability that the US will create a national strategic Bitcoin reserve in 2025. This development would undoubtedly lead to a price increase. The expert warned that if the US adopts Bitcoin as a treasury reserve asset this year, its price may “significantly exceed” even the increased target.
Stablecoins Set for Growth and Competition in 2025
Insiders claimed that 2025 will witness a rise in both the number of stablecoin users and the level of competition among issuers. As reported by DeFiLlama, stablecoin’s current market capitalization is $204.697 billion. At 67.24%, Tether (USDT) is the market leader. Stablecoins say seasoned pros in the field provide non-crypto businesses with a better way to access digital assets.
According to Anna Yuan, founder of the stablecoin project Perena, these companies may “get into crypto without touching the risky aspects of securities and scammy parts” using stablecoins.
Moreover, according to Johann Kerbrat, Crypto general manager at Robinhood, stablecoins clearly have “tonnes of value” because the platform witnesses “a lot” of money flowing between itself and market makers or other sources.
Stablecoins Boost Global Payments and Business
According to Rob Hadick, a general partner at digital-asset venture firm Dragonfly, we saw substantial growth in demand” from some of the biggest global organizations operating in under-served payment verticals, like global contractor and employee payouts, trade finance, and remittance.
Senders who wish to avoid the correspondent banking system, which can be time-consuming, expensive, and prone to failure, as well as end users who are desperate to receive US dollars—which can be extremely difficult to accomplish using non-stablecoin rails—are driving this demand,” Hadick added.
In addition, CMT Digital’s investing partner and CEO of Asia, Augustus Ilag, praised these currencies as a promising business strategy. Stablecoin launches provide companies with an additional revenue stream and an opportunity to diversify their offers.
US Leads Bitcoin Mining After China’s Ban
Analysts who reported this and other cryptocurrency news today said the Bitcoin mining ecology “shifted dramatically” in 2024. According to the most recent Miner Weekly report by BlocksBridge Consulting, the United States is currently leading this area.
The study highlighted how mainstream media outlets spread FUD (fear, uncertainty, doubt) about five Chinese pools that controlled over half of Bitcoin’s hash rate. Nevertheless, after China’s mining prohibition in 2021, the United States was left with a massive void to fill. By the end of 2024, the two US-based pools, Foundry and MARA Pool, had mined 38.5% of the Bitcoin blocks.
FAQs
What is H.C. Wainwright’s Bitcoin price prediction for 2025?
H.C. Wainwright predicts that Bitcoin could reach $225,000 by the end of 2025, driven by institutional adoption and favorable regulatory conditions.
Will Bitcoin’s price drop before rising?
According to H.C. Wainwright, Bitcoin might retrace to the mid-$70,000 range in early 2025 before continuing its upward trend, with a potential national Bitcoin reserve in the US likely to increase its price.
What is the outlook for stablecoins in 2025?
Stablecoins are expected to see growth in both user numbers and competition among issuers in 2025, with Tether (USDT) currently dominating the market.
How are stablecoins impacting global payments and business?
Stablecoins are increasingly used by global organizations for payments in underserved areas like trade finance and remittances, offering businesses an additional revenue stream and a safer way to access digital assets.
