$200K Bitcoin (BTC) in Sight by 2025, Predicts Bitfinex
The cryptocurrency industry has been on an uptrend. The world’s largest cryptocurrency, Bitcoin (BTC), was seen recording new peaks throughout the last couple of days. The king coin surged all the way to a high of $108,268.45 earlier this week. This uptick further led to the community rolling out ambitious predictions for the market. Prominent cryptocurrency exchange Bitfinex recently hopped onto this trend and had a new prediction for the king coin. Also Read: Expert Predicts List Of New Crypto ETFs That May Launch In 2025 Can Bitcoin Reach $200,000 Soon? Source: Watcher Guru According to a recent report by Bitfinex, Bitcoin is all set to witness major downfalls in the coming year. But these drops in 2025 will be brief. This is mostly because of robust institutional demand. The report further read, “Our view is that any corrections in 2025 will remain mild, thanks to institutional inflows.” In the best-case scenario, they projected that the price of Bitcoin will double by J...