This year, Bitcoin could be as high as $300,000, new Husky claims

A comprehensive market study by HashKey Group suggests that Bitcoin could rise above $300,000 by 2025, fueled by unprecedented institutional capital flows and growing mainstream financial adoption.

The Hong Kong-based digital asset firm's annual forecast report gathered input from nearly 50,000 community members.

It comes as Wall Street steps up its commitment to crypto, with several major financial giants opting to offer services tied to the industry.

The crypto market is “poised to make extraordinary growth,” HashKey Group Chairman and CEO Dr. Xiao Feng said on the market. Predictions are posted It was published on Tuesday night.

It comes as Bitcoin He returned As of the $100,000 level earlier on Wednesday Inflation numbers and CPI data They were released.

That followed a volatile week in which expectations for macroeconomic data took a hit. Institutional flows.

HashKey Group's top forecast sees Bitcoin's narrative as “digital gold” continuing well into this year, with a capitalization of $10 trillion before the end of the year. According to CoinGecko, the Crypto market cap is estimated at $3.64 trillion.

Moderate expectations

Maelstrom Fund CIO Arthur Hayes recently He predicted The crypto market peaked between mid-March and the end of March, citing a “positive dollar liquidity environment” as a “Trump dump” since December.

Meanwhile, HashKey research predicts that Wall Street's involvement in crypto can drive the “digital oil” narrative for Ethereum, which could reach $8,000 by the end of the year.

HashKey also sees security token offerings, exchanges and central bank digital currencies as key drivers that could collectively bring some $3 trillion in fresh capital to crypto markets.

Riding the tide

This institutional wave follows the approval and growing demand for Bitcoin ETFs in several US locations a year ago. Corporate treasury diversity Driven by microstrategy.

Countries around the world are also jumping on the bandwagon to consider storing Bitcoin as a National reserve.

Backing up those bullish predictions, ARK Invest December 2024 Bitcoin Report It highlights strong market fundamentals.

“All post-half years have ended with positive returns. 2025 is a year within a half year,” ARK wrote.

ARK added that while on-chain metrics presented a mixed picture with signs of a bullish market, broader economic trends suggest that “short-term temperature conditions” may persist in the Bitcoin market.

Notably, more than 62% of Bitcoin's circulating supply has remained inactive for more than a year, according to data from the ARK report, indicating a strong tendency for Bitcoin investors to continue holding the asset.

Edited by Sebastian Sinclair