Bybit Lianchuang: Bitcoin is expected to rise to $175,000 to $250,000 in 2025

Odaily Planet Daily News Bybit co-founder and CEO Ben Zhou commented on the inauguration of US President Trump and its potential impact on the future cryptocurrency industry: "2024 marks the beginning of a new era for cryptocurrency. We are pleased to see that the market is becoming more friendly to cryptocurrency and its application scenarios are expanding. The meme coin recently launched by US President Trump and First Lady Melania has set a strong precedent for the future. As President Trump enters his second term, the market will be ready for accelerated growth in Web3, decentralized finance, and blockchain. The craze for $TRUMP coins has already reflected the market's growing demand for on-chain transactions, highlighting the market's general trend of entering the Web3 era. As a leader in Web3, Bybit We are also actively preparing for this change. The cryptocurrency market is entering a more friendly regulatory environment. This change has injected a shot in the arm for the market, making the market show greater confidence and greater recognition in digital assets, and we believe that institutional investment will continue to grow rapidly. In the coming months, clearer regulatory guidelines and the upcoming Cryptocurrency Advisory Committee will provide more support to the industry and accelerate the development of cryptocurrencies into real assets used in daily life. The world is gradually adapting to market changes, and we expect Europe, the UAE, Asia Pacific, Singapore and Hong Kong to accelerate the development of their cryptocurrencies. With clearer policies and significantly increased investor confidence, Bybit expects the price of Bitcoin to rise to $175,000 to $250,000 in 2025. Bybit is confident in the future of the industry and is as proud as ever to build a blockchain ecosystem. We promise to continue to drive innovation while maintaining compliance, helping partners and customers to be fully prepared to cope with the evolving environment together and seize the opportunities in 2025. ”