Bitcoin Price Prediction: VanEck’s Matthew Sigel Foresees BTC Reaching $180,000 by 2025 Amidst Slow Corporate Adoption

According to COINOTAG on December 17, Matthew Sigel, the head of digital asset research at VanEck, shared insights on the Coin Stories podcast regarding the future trajectory of Bitcoin prices. Sigel suggested that by 2025, Bitcoin might reach an impressive $180,000, citing critical factors such as funding rates, unrealized profits, and retail speculation as fundamental to this outlook. Since 2017, VanEck has expressed consistent bullish sentiment toward Bitcoin. However, Sigel noted the challenging path toward broader corporate adoption. Traditional asset management firms, including giants like Morgan Stanley and Merrill Lynch, have been hesitant to integrate Bitcoin into their financial frameworks, largely due to their strict regulations and adherence to conventional asset allocation strategies, including the classic 60-40 portfolio. Sigel emphasized that approximately 80% of holders of Bitcoin ETFs are retail or high-net-worth investors, indicating that significant institutional investment is still absent in this evolving market.