Markets.News
Cryptocurrency analyst Scott Melker predicts that Bitcoin could reach $250,000 by the end of 2025. He attributes this potential surge to growing institutional interest and decreasing volatility in the market. Bitcoin's current price has already surged past $104,000, and Ethereum has also reclaimed levels above $2,600. The integration of crypto companies like Coinbase into mainstream finance signals a more stable market. Despite forecasts putting Bitcoin's peak between $120,000 to $150,000, Melker suggests that wild price surges are common in the crypto space. Analysts from firms like Presto and Standard Chartered also predict significant growth for Bitcoin, with some foreseeing prices exceeding $250,000 in the near future.