📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The price of Bitcoin reached new heights in August 2025, triggering widespread attention and discussion in the market. According to the latest data, the price of Bitcoin is currently fluctuating around $110,000, with a market capitalization that once exceeded $2.4 trillion, surpassing Amazon and becoming the fifth largest asset in the world.
Many well-known institutions hold an optimistic view on the future trend of Bitcoin. Standard Chartered Bank and Bernstein predict that the price of Bitcoin may reach $200,000 by the end of 2025. Galaxy Digital and Matrixport have given predictions of $185,000 and $160,000, respectively. Some more aggressive views even suggest that the price of Bitcoin could climb to $250,000 or $300,000.
The launch of the Bitcoin spot ETF has brought a substantial influx of new funds into the market. According to data from Bernstein, the ETF attracted $36.4 billion in inflows in 2024, and this figure is expected to rise to $50 billion in 2025. Meanwhile, corporate allocations to Bitcoin are also steadily increasing, with MicroStrategy currently holding over 190,000 Bitcoins, with a market capitalization exceeding $14 billion.
After the Bitcoin halving event in 2024, the daily new supply will drop to 450 coins, further exacerbating the scarcity of Bitcoin. Historical data shows that within 12-18 months after the halving, Bitcoin prices often experience a 3-5 times increase.
The improvement of the policy environment has also provided favorable conditions for the rise of Bitcoin. The new government has shown a more friendly attitude towards cryptocurrencies and even proposed the idea of establishing a national Bitcoin reserve. At the same time, the Federal Reserve has begun a rate-cutting cycle, and global liquidity is tending to loosen, accelerating the inflow of funds into risk assets.
It is worth noting that the correlation between Bitcoin and gold reached 0.6 in 2024, further strengthening its position as "digital gold" and becoming a new choice for investors to combat inflation.
Although the market is generally optimistic about the future of Bitcoin, investors still need to be wary of potential risks and make cautious decisions.