Deep Tide TechFlow News, May 17th, according to Cointelegraph, cryptocurrency analyst and host of The Wolf of All Streets podcast Scott Melker stated that it is "entirely possible" for Bitcoin to reach $250,000 by the end of 2025. He pointed out that the ongoing influx of institutional funds and the reduction in volatility are key factors driving the rise in Bitcoin's price.
Melker emphasized that Bitcoin's volatility has significantly decreased, dropping from being three times the volatility of the S&P 500 index to less than twice. He believes that the participation of pension funds and exchange-traded fund (ETF) issuers indicates a maturing market, and Coinbase entering the top 50 of the S&P 500 also marks further integration of the cryptocurrency industry into the mainstream financial system.
