Bitcoin Hitting $250,000 In 2025 Is ‘Totally Possible’, According To Popular Crypto Pundit ⋆ ZyCrypto
The post Bitcoin Hitting $250,000 In 2025 Is ‘Totally Possible’, According To Popular Crypto Pundit ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement     A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to skyrocket to $250,000 this year. In a recent interview, crypto analyst Scott Melker, also known as the Wolf of All Streets, highlighted increasing institutional interest and waning volatility as key catalysts that could propel the price of the premier crypto higher. “$250K this year, totally possible,” Melker posited, noting that Bitcoin’s volatility has dropped drastically in recent years. “It used to be about three times as volatile as the S&P. Now it’s less than two times.” Melker mentioned increasing participation from pension funds and exchange-traded fund issuers as evidence of a more mature and stable market. According to the analyst, the reduced volatility mirrors a wider trend of institutional adoption. “The more institutional money, the more Wall Street money, the more long-term holders get involved, the less volatility there’s going to be,” the Wolf of All Streets explained. Advertisement   “Extremely Bullish Backdrop” The crypto market has been on a tear so far this year. Bitcoin has recently rebounded above the $105,000 mark, while Ethereum (ETH) jumped back above $2,500. Coinbase’s inclusion in the broad-market S&P 500 stock index is a significant milestone for the crypto industry, providing millions of average investors and model portfolios with exposure to a crypto-focused company. The S&P 500 tracks 500 of the biggest publicly traded companies in the United States across different sectors, including tech, healthcare, finance, etc. Notable names in the index include Apple, Microsoft, Amazon, and Google. Melker observed that Coinbase is not just joining the index, but is becoming one of the top 50 companies by market cap, indicating how entrenched some crypto firms have become. Moreover, other crypto-centric companies like Galaxy Digital and eToro are going public, a sign of growing confidence in the…
The post Bitcoin Hitting $250,000 In 2025 Is ‘Totally Possible’, According To Popular Crypto Pundit ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to skyrocket to $250,000 this year. In a recent interview, crypto analyst Scott Melker, also known as the Wolf of All Streets, highlighted increasing institutional interest and waning volatility as key catalysts that could propel the price of the premier crypto higher. “$250K this year, totally possible,” Melker posited, noting that Bitcoin’s volatility has dropped drastically in recent years. “It used to be about three times as volatile as the S&P. Now it’s less than two times.” Melker mentioned increasing participation from pension funds and exchange-traded fund issuers as evidence of a more mature and stable market. According to the analyst, the reduced volatility mirrors a wider trend of institutional adoption. “The more institutional money, the more Wall Street money, the more long-term holders get involved, the less volatility there’s going to be,” the Wolf of All Streets explained. Advertisement “Extremely Bullish Backdrop” The crypto market has been on a tear so far this year. Bitcoin has recently rebounded above the $105,000 mark, while Ethereum (ETH) jumped back above $2,500. Coinbase’s inclusion in the broad-market S&P 500 stock index is a significant milestone for the crypto industry, providing millions of average investors and model portfolios with exposure to a crypto-focused company. The S&P 500 tracks 500 of the biggest publicly traded companies in the United States across different sectors, including tech, healthcare, finance, etc. Notable names in the index include Apple, Microsoft, Amazon, and Google. Melker observed that Coinbase is not just joining the index, but is becoming one of the top 50 companies by market cap, indicating how entrenched some crypto firms have become. Moreover, other crypto-centric companies like Galaxy Digital and eToro are going public, a sign of growing confidence in the…
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