December 21,2024

Presto Research Projects Bitcoin Price to Reach $210,000 in 2025 Market Outlook

Source By:  BUSINESS WIRE
 December 16,2024

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Presto Research Projects Bitcoin Price to Reach $210,000 in 2025 Market Outlook

Media:
Thomas Kim
Public Relations
thomas@prestolabs.io

Bernardo Soriano, Gregory FCA for Presto
bernardo@gregoryfca.com

Presto Research, the research division of algorithmic trading firm Presto, today released its inaugural annual crypto market report "From Chaos to Clarity: 2024 Crypto Market Review & 2025 Forecasts," projecting significant growth across crypto markets in 2025.

The comprehensive report forecasts Bitcoin reaching $210,000 and total cryptocurrency market capitalization hitting $7.5 trillion in 2025, driven by increasing institutional adoption and improving market fundamentals.

"2024 marked a turning point for cryptocurrency markets, with spot Bitcoin ETF listings and major policy shifts creating a foundation for institutional participation," said Peter Chung, Head of Research at Presto Research. "Our analysis suggests 2025 will see this institutional momentum accelerate significantly."

Key predictions for 2025 include:

  • Either a nation-state or S&P 500 company will add Bitcoin to their treasury holdings
  • Solana's price will reach $1,000, supported by growing network activity
  • Major crypto firms like Circle, Ripple, or Kraken will pursue public listings
  • Decentralized exchange trading volumes will exceed 20% of centralized exchange volumes
  • NFT monthly trading volume will return to $2 billion

The report's analysis of 2024 highlights three major trends that shaped the market: the underperformance of venture capital-backed tokens, unprecedented memecoin activity, and the growing role of decentralized exchanges in price discovery.

The full report includes detailed technical analysis of emerging sectors including DAG-based blockchains, Ethereum's evolution, and the expanding Bitcoin ecosystem.

About Presto

Presto is an algorithmic trading firm specializing in digital asset and traditional finance markets, combining engineering, mathematics, and science to navigate global financial markets with precision. For more information, visit https://www.prestolabs.io


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