Bitcoin (BTC) Could Hit $180,000 by 2025, VanEck’s Matthew Sigel Predicts

Bitcoin (BTC) could hit $180,000 by 2025, driven by macroeconomic trends, inflation hedging, and increasing retail speculation, according to VanEck’s Head of Digital Assets Research, Matthew Sigel.

Bitcoin (BTC) is poised to witness a remarkable surge, potentially reaching $180,000 by 2025, as suggested by VanEck’s Head of Digital Assets Research, Matthew Sigel.

In a recent appearance on the Coin Stories podcast, hosted by Natalie Brunell, Sigel shared his optimistic outlook for Bitcoin, predicting its continued ascent during the current bull cycle.

However, he noted that corporate adoption of Bitcoin has been缓慢, largely due to structural and regulatory challenges.

According to Sigel, traditional asset managers, such as Morgan Stanley and Merrill Lynch, continue to follow rigid 60-40 asset allocation models, which limits the integration of Bitcoin.

Currently, around 80% of Bitcoin ETF holders are retail or high-net-worth individuals. Sigel anticipates broader institutional adoption if the U.S. Securities and Exchange Commission (SEC) reverses its accounting rule, SAB 121. This rule complicates Bitcoin custody for banks, but Sigel expects the SEC to make the adjustment in early 2025, potentially opening up mainstream financial platforms for Bitcoin.

To substantiate his $180,000 price projection, Sigel highlighted Bitcoin’s historical price patterns. After the April 2024 halving, Sigel anticipates strong years in 2024 and 2025, followed by a possible correction in 2026.

His prediction assumes a conservative 1,000% increase from Bitcoin’s $18,000 low during the last bear market—substantially less than previous trough-to-peak gains.

Looking ahead, Sigel envisions Bitcoin reaching $450,000 in the next cycle, which would be roughly half of gold’s market cap (excluding industrial and jewelry use). Over the longer term, if global central banks adopt Bitcoin as a reserve asset with just a 2% allocation—compared to gold’s 18%—he sees a path to $1 million per coin by 2050.

While the U.S. government directly swapping gold reserves for Bitcoin is unlikely, Sigel suggested that Bitcoin miners could participate in infrastructure projects, especially in initiatives like Trump’s proposed “Freedom Cities.”

Sigel also took the opportunity to promote VanEck’s nuclear energy ETF (NLR), emphasizing the rising demand for clean energy solutions to support Bitcoin mining.

Despite his bullish outlook, Sigel remains wary of short-term hype, underscoring that Bitcoin’s long-term role as “digital gold” and a hedge against financial instability is becoming increasingly evident.

Also Read: MicroStrategy’s Saylor Sees Bitcoin as ‘Cyber Manhattan’