A comprehensive market survey by HashKey Group suggests that Bitcoin could rise to over $300,000 in 2025, driven by unprecedented institutional capital inflows and growing mainstream financial dependence.

The Hong Kong-based digital asset company's annual forecast report collected input from nearly 50,000 community members.

This comes as Wall Street is deepening its commitment to cryptocurrencies, with several major financial institutions choosing to provide services related to the industry.

HashKey Group Chairman and CEO Dr. Xiao Feng said the cryptocurrency market is “poised for extraordinary growth.” Post forecast Posted Tuesday evening.

It comes like Bitcoin Reclaimed The $100,000 level earlier on Wednesday Inflation figures and consumer price index data They were released.

This came after a volatile week in which expectations surrounding macroeconomic data led to big results Institutional flows.

HashKey Group's best forecast sees the narrative of Bitcoin as "digital gold" continuing for a long time this year, and predicts the cryptocurrency's market capitalization will reach $10 trillion before the end of the year. The cryptocurrency market cap is about $3.64 trillion, according to CoinGecko.

Modest prospects

Maelstrom Fund CIO Arthur Hayes recently anticipation The cryptocurrency market peaks between mid-to-late March, citing the “positive dollar liquidity environment” as a “Trump dump” from December levels.

Meanwhile, the HashKey survey also predicts that Wall Street's involvement in cryptocurrencies could trigger the emergence of "digital oil" for Ethereum, which is expected to reach around $8,000 by the end of the year.

HashKey also sees security token offerings, exchange-traded funds and central bank digital currencies as key drivers that could collectively bring about $3 trillion of new capital into cryptocurrency markets.

Riding the wave

This institutional wave comes on the heels of the approval of several U.S. Bitcoin ETFs a year ago and a growing interest in it Diversify corporate treasury Led by MicroStrategy.

Countries around the world are also jumping on the bandwagon with considerations of storing Bitcoin as a currency National Reserve.

Supporting that bullish Bitcoin forecast for December 2024 from ARK Invest a report Highlights strong underlying market fundamentals.

“All post-halving years have ended with positive returns. 2025 is the post-halving year,” ARK wrote.

ARK added that while on-chain metrics present a mixed picture with signs of the derivatives market overheating, broader economic headwinds show that “short-term overheated conditions” in the bitcoin market could persist.

Notably, more than 62% of Bitcoin's circulating supply has remained unchanged for more than a year, data in the ARK report shows, indicating strong behavior among Bitcoin investors to continue holding the asset.

Modified by Sebastian Sinclair