In a recent forecast, Anthony Pomplianofounder of Morgan Creek Capital, anticipates a significant recovery for Bitcoin BTC/USD and the broader crypto market in 2025.
What happened: Pompliano, a prominent crypto advocate, says digital assets are gaining ground in the conventional financial sector, which will play a key driving role in 2025.
Recently on Fox Business, Pompliano said: “I think the big story of 2025 will be that crypto has now grown up and become part of the traditional financial system.
He further highlighted that Bitcoin will continue to dominate the crypto sphere, with the majority of capital inflows from the traditional sector being directed towards Bitcoin.
“I think Bitcoin is the king and will remain so. Most capital flows from the traditional world are directed towards Bitcoin. There will be other assets entering the market, you obviously see the Ethereum ETH/USD The ETF is approved and you will probably see others being approved as well,” he said during the interview.
Also Read: This Analyst Says Bitcoin Could Reach $200,000 by End of 2025
Pompliano also pointed out that the case for any crypto other than Bitcoin is essentially technological, drawing parallels with the choice between tech giants such as Google, Amazon And Facebook.
“The argument for something other than Bitcoin is very different, it’s a technological argument. It’s no different than trying to choose between Google, Amazon and Facebook. The Bitcoin argument is much more like “Do I want to protect my purchasing power?” »
Despite the recent statement by the Chairman of the Federal Reserve Jerome Powell While it is legally prohibited in the United States to hold BTC as a reserve asset, Pompliano maintains a positive outlook for Bitcoin’s future. At the time of the report, Bitcoin was trading at $94,108, reflecting a 2.1% decline on the day.
Why it matters: Pompliano’s predictions come at a time when cryptocurrencies are increasingly recognized and adopted by traditional financial institutions.
This growing acceptance, coupled with technological advancements in crypto, is expected to fuel the predicted rise in 2025.
Despite regulatory hurdles, such as the Fed Chairman’s recent statement, optimism around Bitcoin and other digital assets remains high, indicating a bright future for the crypto market.
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