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Bitwise Issues Epic Coinbase, MicroStrategy Prediction for 2025: Details
In a recent tweet, the popular crypto ETF issuer Bitwise has revealed its predictions for the year ahead. The company made 10 bold predictions that have left many in the cryptocurrency community talking. While some may be skeptical about these predictions, it is essential to acknowledge the significance of Bitwise’s forecast, especially given their track record and influence within the space.
Firstly, Bitwise predicts that Bitcoin will trade above $200,000 by the end of 2025. This prediction comes as a surprise to many who have witnessed the cryptocurrency’s volatility in recent times. Furthermore, the company is confident that it will continue to outperform gold, with a market capitalization that surpasses the precious metal’s.
Regarding Coinbase stock, Bitwise believes that it will trade above $700 per share by 2025. This prediction suggests immense growth potential for the popular cryptocurrency exchange, which has been subject to intense scrutiny in recent times.
Moreover, Bitwise expects at least five crypto startups to go public in the United States within the next year. This forecast is significant as it indicates a heightened level of interest and trust in the crypto space from institutional investors.
In terms of decentralized finance (DeFi) trends, the prediction suggests that tokens developed by AI agents will spark “meme coin fever” – an unprecedented phenomenon where community-driven cryptocurrencies experience immense growth, much like we saw during the 2020 DeFi boom.
Furthermore, Bitwise anticipates a significant increase in countries holding Bitcoin. This forecast suggests that institutional investors and central banks may be taking notice of the cryptocurrency’s potential as a store of value or as an alternative to traditional assets.
In addition, the company predicts that the US Department of Labor will relax its stance on crypto in 401(k) plans. This prediction has significant implications for retirement accounts in the United States, which could lead to increased institutional investment and mainstream adoption.
It is essential to note that these predictions should be taken with a grain of salt due to the inherent risks associated with investing in cryptocurrency markets.
In conclusion, while some may view these predictions as overly optimistic, it is crucial to recognize Bitwise’s influence within the space. Their predictions could potentially shape market sentiment and spark further interest in cryptocurrencies.
Source: u.today
