Hong Kong-based HashKey Group, a regulated financial services provider for digital assets, has shared its predictions for the cryptocurrency market in 2025. Among the most notable is their forecast that Bitcoin’s price could break $300,000.
Hashkey predicts Bitcoin to reach $300k by 2025. Source: XHow Much True Is This Bitcoin Prediction?
HashKey has released 10 key predictions for 2025, based on research from their analysts and traders. Around 50,000 members of the community voted on how likely these predictions are.
The most attention-grabbing prediction is that Bitcoin could surpass $300,000. At present, Bitcoin is trading at $96,560. HashKey also expects Ether (ETH) to reach $8,000, up from its current price of $3,188. They believe the total value of all cryptocurrencies will grow to $10 trillion, more than three times today’s market size.
Adding weight to Bitcoin’s bullish outlook, crypto analyst Timothy Peterson has shared a longer-term prediction, forecasting that Bitcoin could hit $1.5 million by 2035. Peterson, author of the paper Metcalfe’s Law as a Model for Bitcoin’s Value, relies on network growth as the primary driver for Bitcoin’s valuation. Additionally, Cathie Wood, founder of ARK Invest, has also projected that Bitcoin (BTC) could hit $1.5 million by 2030.
Peterson’s model focuses on the connectivity and adoption of Bitcoin, citing mathematical laws rather than traditional currency models. His past predictions have proven accurate, including his 2020 forecast that Bitcoin would never fall below $10,000 again. He also successfully timed a local price bottom in September 2023.
Stablecoins and Decentralized Exchanges Are Set for Explosive Growth
HashKey also predicts that U.S. dollar-pegged stablecoins, like Tether (USDT) and USD Coin (USDC), will become even more popular. Their market value could rise from $215 billion today to over $300 billion by 2025. Currently, USDT holds 64% of the market, while USDC accounts for 21%.
They also believe decentralized exchanges (DEXs) will grow by using artificial intelligence (AI) and memes to attract users. At the same time, centralized exchanges (CEXs) may adopt strategies from decentralized finance (DeFi) to remain competitive.
HashKey’s next prediction is that the U.S. government may create a Bitcoin strategic reserve if a pro-crypto administration is in power, such as one led by Donald Trump. They also expect the FIT21 Act to pass, giving more authority to the Commodity Futures Trading Commission (CFTC) to regulate Bitcoin and other digital assets.
The company foresees several market changes that could add significant value to the cryptocurrency industry. Security token offerings, central bank digital currencies, and crypto exchange-traded funds (ETFs) could contribute an additional $3 trillion to the market. HashKey also predicts that new ETFs for cryptocurrencies like XRP and SOL will be approved, and stocks tied to crypto mining and infrastructure will gain increased attention from investors.
Artificial intelligence is expected to play a larger role in the cryptocurrency industry, with applications witnessing explosive growth. The Layer 2 blockchain landscape may also evolve, dividing into application-specific and general-purpose chains.
The post Bitcoin May Reach $300,000 in 2025, HashKey Predicts appeared first on Coinchapter.
