Bitcoin Poised to Reach $210,000 by 2025, Says Presto’s Peter Chung

Peter Chung, Head of Research at Presto, recently predicted on CNBC that Bitcoin will reach $210,000 by the end of 2025, driven by institutional adoption and increased liquidity.

Chung’s prediction suggests a notable shift in the cryptocurrency landscape, with significant interest from institutional investors. This development could lead to widespread impact on crypto markets and trading volumes.

Presto Research Director Peter Chung forecasted a surge in Bitcoin’s value to $210,000 by the end of 2025 due to expanding institutional adoption and global liquidity growth. The statement came amid Bitcoin’s current price range of around $95,000.

“Bitcoin could surge to $210,000 by the end of 2025, driven by institutional adoption and global liquidity expansion.” — Peter Chung, Head of Research, Presto

Peter Chung’s prediction highlights the rising institutional interest, prompted by factors like spot Bitcoin ETF listings and corporate treasury allocations. Such moves indicate a potential acceleration in Bitcoin’s institutional momentum throughout 2025, according to Presto’s analysis in their latest report.

The projection suggests potential financial implications for industries and investors as more institutions might integrate Bitcoin into their operations. This adoption could foster greater market stability, despite Bitcoin’s typical volatility.

Chung emphasized Bitcoin’s dual asset nature, describing how it behaves as a risk-on asset, but acts like gold during crises. Historical events showed Bitcoin catching up to traditional safe-havens, further reinforcing its evolving role in financial markets. You can find further insights into this dynamic in Chung’s analysis report.

As Bitcoin potentially reaches $210,000 by 2025, one can expect significant regulatory, technological, and market shifts. Signs of increased activity on decentralized exchanges and continued focus on Ethereum and Solana highlight these possibilities. Presto’s report underscores positive trends in decentralized finance and institutional frameworks.