伯恩斯坦預測比特幣將在 2025 年達到 20 萬美元，以太坊被稱為下一個“機構寵兒”

隨著 2025 年的到來，伯恩斯坦的分析師分享了對比特幣和更廣泛的加密市場的大膽預測。他們預計比特幣到今年年底將達到 20 萬美元。

As 2025 unfolds, analysts at Bernstein have unveiled their bold predictions for Bitcoin and the broader cryptocurrency market. Their projections paint a promising picture, with Bitcoin poised to reach $200,000 by the year's end, largely fueled by strong institutional demand. This estimate, however, does not account for potential government purchases, which could dramatically alter the market landscape. For instance, former President Donald Trump's proposal to establish a U.S. Bitcoin reserve could significantly impact the market.

隨著 2025 年的到來，伯恩斯坦的分析師公佈了他們對比特幣和更廣泛的加密貨幣市場的大膽預測。他們的預測描繪了一幅充滿希望的景象，在強勁的機構需求推動下，比特幣預計在年底達到 20 萬美元。然而，這項估計並未考慮到潛在的政府採購，這可能會大大改變市場格局。例如，前總統唐納德·川普建立美國比特幣儲備的提議可能會對市場產生重大影響。

Bernstein's 2025 vision extends beyond Bitcoin's surging price. They foresee over $70 billion in net inflows into spot Bitcoin ETFs, a stablecoin market surpassing $500 billion, and continued regulatory developments shaping the crypto landscape. As Gautam Chhugani and his team describe it, this era marks the beginning of the "Age of Eternity" for cryptocurrencies.

伯恩斯坦的 2025 年願景不僅限於比特幣價格的飆升。他們預計現貨比特幣 ETF 的淨流入將超過 700 億美元，穩定幣市場將超過 5,000 億美元，並且監管的持續發展將塑造加密貨幣格局。正如 Gautam Chhugani 和他的團隊所描述的那樣，這個時代標誌著加密貨幣「永恆時代」的開始。

Institutional adoption remains at the heart of their outlook, with corporate treasuries and ETFs set to ramp up their Bitcoin accumulation. According to the analysts, if Bitcoin stays below $100,000, ownership will increasingly shift from short-term traders to long-term holders, such as MicroStrategy and Bitcoin ETF investors. They also anticipate the launch of a Solana ETF later this year, further diversifying the market.

機構採用仍然是他們前景的核心，企業金庫和 ETF 將增加比特幣的累積。分析師表示，如果比特幣保持在 10 萬美元以下，所有權將越來越多地從短期交易者轉移到長期持有者，例如 MicroStrategy 和比特幣 ETF 投資者。他們也預計今年稍晚將推出 Solana ETF，進一步實現市場多元化。

READ MORE: Bitcoin Breaks $100K Again as Market Rebounds and Investors Return

閱讀更多：隨著市場反彈和投資者回歸，比特幣再次突破 10 萬美元

Ethereum, too, is destined for substantial growth, with Bernstein dubbing it the next "institutional darling." The team highlights Ethereum's appeal to traditional investors, citing that 28% of ETH is staked, 3% is held by ETFs, and 7.5% is locked in smart contracts. These factors, they argue, will elevate Ethereum's presence in institutional portfolios and propel its price to new heights.

以太坊也注定會大幅成長，伯恩斯坦將其稱為下一個「機構寵兒」。該團隊強調了以太坊對傳統投資者的吸引力，稱 28% 的 ETH 被質押，3% 由 ETF 持有，7.5% 被鎖定在智能合約中。他們認為，這些因素將提升以太坊在機構投資組合中的地位，並將其價格推向新的高度。

Bernstein also predicts a resolution of key regulatory challenges, including the SEC's lawsuits against crypto companies. This could pave the way for more private crypto firms to go public, further fueling market momentum and adoption.

伯恩斯坦也預測關鍵監管挑戰將得到解決，包括美國證券交易委員會針對加密貨幣公司的訴訟。這可能為更多私人加密貨幣公司上市鋪路，進一步推動市場動力和採用。