Galaxy Digital predicts BTC to hit $185K, ETH $5.5K in Q4 2025

Crypto-focused financial services firm Galaxy Digital forecasts in a report that Bitcoin (BTC) will surpass $185,000 and Ethereum (ETH) $5,500 by late 2025, driven by institutional, corporate and national adoption. According to CoinDesk, the report projects U.S. spot Bitcoin ETF assets under management (AUM) exceeding $250 billion, with five Nasdaq-100 companies and five nations adding BTC to their balance sheets. Additionally, Bitcoin DeFi is expected to double its total value locked (TVL) to $22 billion, while BTC’s market cap is anticipated to reach 20% of gold’s market cap.