Galaxy Slashes Bitcoin Price Target for 2025 as BTC Enters 'Maturity Era'

Galaxy has reduced its end-of-year price target for Bitcoin from $185,000 to $120,000 following a drop below $100,000 for the first time in six months. This adjustment reflects Galaxy's view that Bitcoin is entering a 'maturity era,' characterized by lower volatility and institutional absorption. Bitcoin recently traded at approximately $103,923, down nearly 18% from its all-time high of $126,080. Galaxy noted a shift in market dynamics affecting Bitcoin's appeal, including investor uncertainty due to recent geopolitical events, rising interests in AI stocks, and stablecoins gaining traction in the crypto space. Additionally, retail interest in Bitcoin has waned since 2021, with Galaxy describing retail buyers as apathetic. As Bitcoin’s price momentum cools, Galaxy suggests that companies holding Bitcoin may need to seek alternative revenue streams, as their stock value may not rise in tandem with Bitcoin price changes. Standard Chartered also recommended Bitcoin traders to strategically invest in response to current market conditions, while Galaxy's long-term bullish outlook remains intact despite short-term challenges.

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