CoinDesk Podcast Network MARKETS DAILY: Crypto Update | Why This CEO Thinks Bitcoin Could Reach $250K in 2025
Dec 5, 2024
Leah Wald, CEO of Sol Strategies and expert on the Solana ecosystem, discusses the excitement around Bitcoin reaching $100,000 and speculates on its potential to hit $250,000 by 2025. She dives into the role of ETFs and institutional investment driving this surge. Wald also navigates the evolving landscape of Solana, touching on the possibilities for Solana ETFs and the need for a focused investment approach. With increasing interest in crypto from both retail and institutional investors, the future landscape is ripe with opportunities.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin Hits $100K
- Bitcoin reached $100,000, causing celebration and reflection in the crypto community.
- Leah Wald feels nostalgic, recalling past discussions and optimism about Bitcoin's potential.
Bitcoin Price Prediction 2025
- Leah Wald predicts Bitcoin could reach $250,000 or more in 2025.
- This is based on potential asset shifting from gold to Bitcoin and increasing institutional adoption.
Bitcoin Liquidity Concerns
- High demand from ETFs and institutions raises concerns about Bitcoin's market liquidity.
- The question arises: who will sell Bitcoin to meet this increasing demand if everyone is accumulating?