Bitcoin’s forthcoming dramatic shift might propel the asset to $250,000 by the conclusion of 2025, as asserted by Scott Melker, a cryptocurrency analyst and host of The Wolf of All Streets podcast.
In a recent discussion, Melker highlighted increasing institutional engagement and reducing volatility as crucial elements that could fuel the next rise.
“250K this year is absolutely feasible,” Melker stated, noting that Bitcoin (BTC) has seen a significant decline in volatility in recent times.
“It used to be around three times as volatile as the S&P. Now it’s less than double.” He indicated that heightened participation from pension funds and ETF providers serves as proof of a more developed, stable market.
This transformation, he contended, mirrors a wider trend of institutional acceptance. “The greater the institutional capital, the more Wall Street investments, and the more long-term investors are involved, the lesser the volatility will be,” Melker clarified.
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Crypto markets exhibit resilience in 2025
Market movements in 2025 have already demonstrated resilience. Bitcoin surged beyond $104,000, and Ether (ETH) reclaimed values above $2,600.
Coinbase’s entry into the S&P 500 represented a significant achievement for cryptocurrency’s assimilation into traditional finance. Melker remarked that the company is not merely joining the index but is doing so in the top 50 by market capitalization — indicative of the deep integration of certain crypto enterprises.
Beyond Coinbase, entities like Galaxy Digital and eToro have advanced with public offerings, indicating confidence in the regulatory environment under the current US government.
Melker observed that this context, reinforced by dismissed SEC lawsuits and advantageous executive actions, has established what he describes as “a remarkably bullish” setting for the industry.
While Bitcoin remains the central focus, Melker recognized a resurgence of interest in altcoins. Recent market activity indicated Ethereum surpassing Bitcoin, initiating a rally among smaller-cap assets — a sign, he noted, that “new capital” is entering the arena instead of simply shifting within it.
Related: Here is why Bitcoin price is stuck below $105K
Don’t overlook a potential wild surge
In spite of the optimism, Melker moderated expectations, pointing out that many analysts are predicting cycle peaks ranging from $120,000 to $150,000. Nevertheless, he stressed that rapid increases are not uncommon in the crypto realm.
“From the lows in 2020 to the last bull run, Bitcoin escalated from $3,000 to $69,000. A 2.5x from this point wouldn’t be remarkable.”
On May 16, X analytics account Apsk32 suggested that Bitcoin has a “reasonable chance” of reaching $250,000 or more in 2025 as focus shifts towards gold-like movements.
On April 28, Peter Chung, the head of research at quantitative trading firm Presto, also reiterated his forecast that Bitcoin will hit $210,000 by the close of 2025.
On April 22, analysts from Standard Chartered and Intellectia AI indicated that institutional Bitcoin demand from ETFs and traders aiming to hedge against macroeconomic risks could cause Bitcoin’s price to more than double this year.
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