Galaxy Research predicts that Bitcoin will reach $185k by the end of 2025, driven by institutional, corporate, and nation state adoption. The research platform also believes that Bitcoin will maintain its dominance over gold and the S&P 500. They also foresee an increase in Bitcoin exchange-traded products and the involvement of prominent hedge funds. Additionally, the report suggests that Bitcoin miners will focus on partnerships and innovations, and the value of the Bitcoin DeFi sector will increase. Galaxy Research expects regulatory clarity and onchain governance to contribute to Bitcoin's market expansion in the coming years. Overall, they anticipate positive developments for Bitcoin in 2025.



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