伯恩斯坦预测比特币将在 2025 年达到 20 万美元，以太坊被称为下一个“机构宠儿”

随着 2025 年的到来，伯恩斯坦的分析师分享了对比特币和更广泛的加密市场的大胆预测。他们预计比特币到今年年底将达到 20 万美元。

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.

随着 2025 年的到来，伯恩斯坦的分析师公布了他们对比特币和更广泛的加密货币市场的大胆预测。他们的预测描绘了一幅充满希望的景象，在强劲的机构需求推动下，比特币有望在年底达到 20 万美元。然而，这一估计并未考虑到潜在的政府采购，这可能会极大地改变市场格局。例如，前总统唐纳德·特朗普建立美国比特币储备的提议可能会对市场产生重大影响。

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 年愿景不仅仅局限于比特币价格的飙升。他们预计现货比特币 ETF 的净流入将超过 700 亿美元，稳定币市场将超过 5000 亿美元，并且监管的持续发展将塑造加密货币格局。正如 Gautam Chhugani 和他的团队所描述的那样，这个时代标志着加密货币“永恒时代”的开始。

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.

机构采用仍然是他们前景的核心，企业金库和 ETF 将增加比特币的积累。分析师表示，如果比特币保持在 10 万美元以下，所有权将越来越多地从短期交易者转移到长期持有者，例如 MicroStrategy 和比特币 ETF 投资者。他们还预计今年晚些时候将推出 Solana ETF，进一步实现市场多元化。

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

阅读更多：随着市场反弹和投资者回归，比特币再次突破 10 万美元

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.

以太坊也注定会大幅增长，伯恩斯坦将其称为下一个“机构宠儿”。该团队强调了以太坊对传统投资者的吸引力，称 28% 的 ETH 被质押，3% 由 ETF 持有，7.5% 被锁定在智能合约中。他们认为，这些因素将提升以太坊在机构投资组合中的地位，并将其价格推向新的高度。

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.

伯恩斯坦还预测关键监管挑战将得到解决，包括美国证券交易委员会针对加密货币公司的诉讼。这可能为更多私人加密货币公司上市铺平道路，进一步推动市场动力和采用。