Bitcoin is the star of the global financial market throughout 2024. According to a recent report from the New York Digital Investment Group (NYDIG), Bitcoin outperformed all other asset classes.
With widespread adoption and growing institutional support, the price of Bitcoin is expected to reach $300,000 by 2025.
Check out the full analysis below!
Bitcoin: The Champion of All Assets in 2024
As reported by Decrypt, in 2024, Bitcoin showed extraordinary growth with an increase of almost 120% throughout the year.
The fourth quarter was the peak of Bitcoin’s glory, where the price soared to a record high of $108,135 on December 17, 2024. A temporary decline in early 2025 did not reduce market optimism, as BTC returned to above $100,000.
Bitcoin rose 47.2% during the quarter, delivering on Q4 seasonality and besting every asset class by a wide margin. The US elections, in which crypto played a significant role, were the main driver to pushing bitcoin through $100K.Bitcoin also rose 119.6% in 2024, notching its second consecutive triple-digit percentage annual gain. Bitcoin continues to outpace every asset class, even as the S&P 500 registered back-to-back +25% gains.
The NYDIG report suggests that Donald Trump’s victory in the US election was a major catalyst for the surge. With campaign promises to reduce regulation and support the digital asset industry, the new administration’s pro-crypto policies boosted institutional investor confidence.
Additionally, Bitcoin is showing a decreasing correlation with traditional assets such as tech stocks and gold, making it a unique asset class that offers potential diversification for investors.
Institutional Interest Surge: The Role of Bitcoin ETFs
Institutional adoption of Bitcoin is growing stronger, supported by the launch of the Bitcoin Spot ETF in early 2024. This ETF managed to attract net investment flows of $16.5 billion in less than a year.
BlackRock and Fidelity dominate the ETF market, showing the strong confidence of large institutions in the future of Bitcoin.
According to NYDIG, Bitcoin’s popularity as a non-sovereign “store of value” is increasingly relevant amid global geopolitical and economic uncertainty. Bitcoin’s adoption in traditional markets has changed its correlation patterns, making it a preferred asset in global investment portfolios.
2025 Prediction: Bitcoin Heading to $300,000
A survey by HashKey Group predicts that Bitcoin could surpass $300,000 by 2025. The prediction is based on increasing institutional capital inflows and wider adoption in the mainstream financial sector.
Other factors supporting this optimism include the Trump administration’s pro-crypto policies, which have promised to cut regulations and make the US the world’s crypto hub. HashKey has also seen a significant increase in global community participation, with nearly 50,000 community members providing input in their annual report.
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