Bybit Lianchuang: Bitcoin is expected to rise to $175,000 to $250,000 in 2025

Odaily reports that Bybit co-founder and CEO Ben Zhou commented on the inauguration of the US President and the potential impact on the cryptocurrency industry: "2024 marks the beginning of a new era for cryptocurrencies. We are pleased to see the market becoming more friendly towards cryptocurrencies, and the application scenarios are constantly expanding. The meme coin recently launched by US President Trump and First Lady Melania has set a powerful precedent for the future. With President Trump entering his second term, the market will be prepared for the accelerated growth of Web3, decentralized finance, and the blockchain field. The craze for the $TRUMP coin reflects the growing demand for on-chain transactions, highlighting the market's entry into the Web3 era, and Bybit, as a leader in Web3, is actively preparing for this transformation. The cryptocurrency market is entering a more friendly regulatory environment. This change has injected a strong stimulus into the market, instilling greater confidence and acceptance of digital assets, and institutional investment is expected to continue growing rapidly. In the coming months, more clear regulatory guidelines and the upcoming Cryptocurrency Advisory Council will provide more support for the industry and accelerate the adoption of cryptocurrencies as real assets in daily life. Regions such as Europe, the UAE, Asia-Pacific, Singapore, and Hong Kong are gradually adapting to the changes in the market, and we expect their cryptocurrency development to accelerate. With clearer policies, investor confidence will be significantly strengthened, and Bybit expects Bitcoin prices to rise to $175,000 to $250,000 by 2025. Bybit is confident about the future of the industry and is proud to continue driving innovation while maintaining compliance, helping partners and clients prepare for the evolving environment and seize the opportunities in 2025."