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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
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This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
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Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
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CoinShares Research Director: BTC is expected to rise to $150,000 next year, with a long-term target of $250,000
BlockBeats news, on January 1st, according to CNBC, James Butterfill, research director of CoinShares, an asset management company focusing on encryption, said that he expects the price of BTC in 2025 to be in the range of $80,000 to $150,000. Butterfill said that in the long run, he expects BTC's market capitalization to rise from the current 10% to around 25% of the gold market share, which is not "unreasonable". This is equivalent to a price of $250,000. However, he believes that this situation will not occur next year. "Although it is difficult to time, I do not expect it to happen in 2025, but the situation will move in this direction." Butterfill believes that if his $80,000 forecast is realized, it may be the result of the failure of Trump's promised pro-encryption policy. However, optimistically, Butterfill still expects a favorable regulatory environment in the United States next year to be the main driver of support for BTC prices. In 2023, CoinShares predicts that BTC will reach $80,000 in 2024.