James Butterfill, head of research for crypto-focused asset manager CoinShares, told CNBC that he sees prices of both $150,000 and $80,000 being on the cards for bitcoin in 2025.
"I'm more bullish than ever for 2025," Alexander told CNBC, adding bitcoin's price "could easily reach $200,000 but there are no signs of volatility reducing."
"Bitcoin's price in 2025 is likely to see both significant upward momentum and occasional sharp corrections," Yang told CNBC.
Another factor Powell sees boosting bitcoin's price is the anticipation of a bitcoin strategic reserve in the U.S.
"I think you'll of course see corrections — crypto remains a cyclical industry," Powell told CNBC.
Persons:
Dado Ruvic, they're, Donald Trump —, —, Trump's, Trump, Gary Gensler, Gensler, bitcoin, Sam Bankman, Zhao —, James Butterfill, CoinShares, Butterfill, Markus Thielen, Thielen, Matrixport, Alex Thorn, Bitcoin, Thorn, Geoffrey Kendrick, Kendrick, Carol Alexander, Alexander, doesn't, Yang, he's, Sid Powell, Powell, CNBC's
Organizations:
Reuters, CNBC, White, Securities, Exchange, SEC, Matrixport, Galaxy, Galaxy Digital, Chartered, Standard Chartered, BTC, MicroStrategy, University of Sussex, Bit, Trump, Maple Finance
Locations:
bitcoin, U.S, China