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IPFS News Link • Bitcoin

'$150,000' By 2025--Bitcoin Braced For An 'Unprecedented' Wall Street Price Earthqua

•, Billy Bambrough

BitcoinBTC has surged higher again, topping $60,000 per bitcoin after a top Fidelity executive issued a huge $1.5 trillion bitcoin price prediction.

The bitcoin price has more than doubled over the last six months, boosting ethereum, XRPXRP and other cryptocurrencies, thanks to a fleet of long-awaited spot bitcoin exchange-traded funds (ETFs) gate crashing Wall Street—with another massive "catalyst" quietly emerging.

Now, as a new trove of emails has revealed "staggering" information about the identity of bitcoin's mysterious creator Satoshi Nakamoto, the bitcoin and crypto market is braced for "unprecedented institutional adoption," according to Bernstein analysts.

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"Bitcoin is on an 18-month path to $150,000, led by unprecedented institutional adoption," Bernstein analysts led by Gautam Chhugani wrote in a note to clients seen by DLNews.

Wall Street giants, led by BlackRock and Fidelity, have charged into the bitcoin and crypto market over the last few months, with a handful of spot bitcoin ETFs raking in billions of dollars in a matter of weeks.

"It's official... the new nine bitcoin ETFs have broken all-time volume record today with $2.4 billion, just barely beating day one, but about double their recent daily average," Bloomberg Intelligence senior ETF analyst Eric Balchunas posted to X, adding the $1.3 billion in trading volume for BlackRock's spot bitcoin ETF was "insane" for a "newbie ETF" and is "big boy level volume, enough for (even big) institutional consideration."