Bitcoin BTC/USD Is Expected to Reach a Six-Figure Valuation by 2025

This prediction comes despite the lack of explicit support from U.S. President Donald Trump.

Nigel Green, CEO of deVere Group, predicts that Bitcoin BTC/USD will reach six-figure valuation by 2025.

What Happened: In his recent video update, Green discussed the possibility of Bitcoin outshining gold if the Federal Reserve decides to reduce interest rates this year.

He explained that gold's current upward trend can be mainly attributed to macroeconomic uncertainties, such as Trump's tariff policies, which are driving investors towards safe-haven assets like bullion.

However, Green believes that if the U.S. dollar weakens after rate cuts, investors may be more "inclined" to pivot towards Bitcoin.

"We live in a digital world, and I think that with or without Donald Trump's backing - and I think he's going to back it - you're going to see Bitcoin start to soar again.”

He further added that a potential decline in the dollar would encourage more investments in Bitcoin.

According to CME's FedWatch tool, 69% of traders and investors anticipate a rate cut by the Fed in June.

Green remains firm on his prediction that Bitcoin will rise over 79% from its current value by the year-end, aiming for $150,000.

Why It Matters: The cryptocurrency market has been experiencing up and downs, with Bitcoin recently breaching $86,000 before dropping to $83,647.19, despite President Trump's words of support for the industry at a recent event.

Such volatility is not new, as explained by Bitwise CIO Matt Hougan, who noted that economic uncertainties, like tariffs, can lead to short-term price dips due to increased market risk perception.

Moreover, Arthur Hayes, co-founder of BitMEX, also envisions a substantial increase in Bitcoin's value, expecting it to reach $250,000 by the year-end.

Hayes views the current downturn as a temporary setback, part of a natural market cycle.

Price Action: Bitcoin was trading at $84,417 at the time of writing, up 0.2% in the last 24 hours, according to Benzinga Pro data.

Read Next: After Record High, Bitcoin Drops Despite Trump's Support at Economic Club Event