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BTCUSD Bitcoin

101,350.97
157.76 (0.16%)
14:51:32 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Bitcoin BTCUSD Crypto 2,002,668,913,553 SHA-256d
  Price Change Price Change % Current Price Bid Price Offer
  157.76 0.16% 101,350.97 101,350.96 101,350.97
High Price Low Price Open Price Prev. Close 52 Week Range
101,953.03 100,194.33 101,151.30 101,193.21 38,501.00 - 104,000.00
Exchange Last Trade Size Trade Price Currency
GDAX 14:51:23 0.000011 101,350.97 USD
Price x Volume Volume Base Symbol Related Pairs
776,216,350.74 7,684.66 BTC BTCEUR BTCGBP ETHBTC

Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC CIO

12/12/2024 10:30am

NEWSBTC


In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex. Dunleavy’s forecast positions Bitcoin (BTC) at a target of $250,000 and Ethereum (ETH) at $12,000 by the end of 2025. Additionally, he anticipates Solana (SOL) reaching $700. These projections are underpinned by an analysis that draws parallels between historical economic shifts and current policy movements within the United States. Dunleavy draws a comparison to the 1970s in the United States, specifically referencing President Nixon’s termination of the Gold Standard in 1971 as a pivotal economic shift. “If we look at the 1970s in the US, then President Nixon’s ending of the Gold Standard in 1971 could be seen as a similar pivot point as the shift we see with the Trump administration’s embrace of crypto,” Dunleavy stated. Related Reading: Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025 He noted that following Nixon’s move, gold prices surged approximately sixfold within three years before experiencing a retracement, ultimately reaching a peak of twenty times the initial value by the decade’s end. Dunleavy suggests that a comparable trajectory could unfold for Bitcoin and altcoins under the upcoming administration’s policies. Quarterly Bitcoin And Crypto Predictions For 2025 Q1 2025: MV Global anticipates a sharp uptrend fueled by increasing excitement surrounding the new administration. “Trump’s first 100 days lead to a realization that the crypto agenda is actually top of mind,” Dunleavy explained. He expects a rapid market start, facilitated by the Biden administration’s cooperation in the transition process. Significant legislative advancements are anticipated within the first 100 days, particularly concerning market structure and stablecoins. Related Reading: Bitwise Forecast: Bitcoin, Ethereum, And Solana Poised For Record Highs In 2025 “We also place a higher chance on meaningful progress towards a BTC strategic reserve and the game theory of subsequent nation state adoption,” Dunleavy adds. However, a market correction is expected as the US tax season approaches, with March historically being a challenging month for Bitcoin. Q2 2025: The second quarter is projected to witness a gradual yet consistent upward movement as institutional investors increasingly enter the asset class. “ Slow but steady march upward as more institutions come on board,”Dunleavy writes. He highlights the potential approval of Bitcoin and Ethereum ETFs by major Registered Investment Advisors (RIAs) and brokerage firms such as Merrill Lynch and Charles Schwab. “ETH leads as the lack of a SOL ETF is a short-term impediment to institutional flows,” he noted, indicating that Ethereum may benefit more immediately from institutional adoption compared to Solana. Q3 2025: Summer is expected to bring a period of consolidation, with prices experiencing sideways movement. “Summer lull. Prices chop down,” Dunleavy predicts. The introduction of a spot Solana ETF or other crypto ETFs could provide a catalyst to break this stagnation. September is identified by the CIO as a critical month for potential Securities and Exchange Commission (SEC) rulings, which could significantly influence market dynamics. Q4 2025: The final quarter is anticipated to see a robust surge towards the year’s end, culminating in a blow-off top scenario. “Strong flurry into year end. Blow off top that we think bleeds into Q1 2026. This cycle peaks well into 2026 as the passive ETF bid keeps a very strong floor,” Dunleavy concludes. At press time, BTC traded at $100,812. Featured image created with DALL.E, chart from TradingView.com

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