Bitcoin Market Cap to Reach 20% of Gold's: Galaxy Research

Bitcoin Price to Exceed $185,000 in 2025Galaxy Research predicts a bullish trajectory for Bitcoin in 2025, forecasting:$150,000 by mid-2025.$185,000 by Q4 2025.The anticipated growth is driven by increasing institutional, corporate, and nation-state adoption, placing Bitcoin as a leading asset class.Market Capitalization to Rival GoldBTC Market Cap: Projected to reach 20% of gold’s market value by 2025.BTC Current Market Cap: $1.85 trillion (as of Dec. 29, 2024).Gold Market Cap: ~$18 trillion.Bitcoin’s strong performance compared to traditional markets, such as the S&P 500, underscores its growing appeal as a digital store of value.Spot Bitcoin ETPs to Surpass $250 Billion AUMGalaxy Research anticipates the assets under management (AUM) of spot Bitcoin exchange-traded products (ETPs) to exceed $250 billion in 2025. Key drivers include:Increased adoption by wealth management firms adding Bitcoin to investment-advised portfolios.Spot Bitcoin ETPs outpacing U.S. physical gold ETPs in AUM.Innovation and Development in 2025Protocol Upgrades: Developers are expected to reach a consensus on Bitcoin's next major update.Mining Evolution: Publicly traded Bitcoin miners may partner with hyperscalers, AI firms, or high-performance computing companies, moderating hash rate growth.Bitcoin's price and market cap are poised for significant growth in 2025, fueled by institutional adoption and evolving infrastructure. With a projected market cap nearing 20% of gold’s value and spot ETPs exceeding $250 billion, Bitcoin is set to solidify its status as a leading asset in the global financial system.