Galaxy Research: Bitcoin's market value will reach 20% of gold's

According to reports, Galaxy Research predicts that Bitcoin (BTC) will exceed $150,000 in the first half of 2025 and may even reach $185,000 in the last quarter of the same year. The research institute believes that adoption at institutional, corporate and national levels is a major factor driving this top cryptocurrency to these highs. Galaxy Research also stated that it foresees BTC continuing its trend of outperforming other asset classes (including the S&P 500 index).

Regarding gold, the Galaxy team expects BTC's total market value to reach 20% of the total market value of precious metals. As of writing this article (December 29th, 2024), BTC's market value is approximately $1.85 trillion while gold's estimated market value is close to $18 trillion.