As reported by ChainCatcher, Galaxy Research Head Alex Thorn stated on X that for Bitcoin to achieve a positive return in 2025, its price must close above $93,389 on the last day of the year. Despite currently low investor sentiment, some portfolio managers may reassess Bitcoin in January 2026. Bitcoin has seen numerous positive developments this year, with inflows into U.S. Bitcoin ETPs remaining stable, dropping only 9% from their October high of $62 billion, indicating the asset class's growing maturity. Galaxy believes it is only a matter of time before Bitcoin emulates gold as a hedge against currency devaluation, potentially driven by major asset allocators and central banks.
Galaxy Research Head: Bitcoin Could Follow Gold as Inflation Hedge
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Summary
Bitcoin news: Galaxy Research Head Alex Thorn said on X that Bitcoin must close above $93,389 by year-end 2025 to deliver a positive return. Despite weak sentiment, some managers may revisit Bitcoin in early 2026. Bitcoin analysis shows U.S. Bitcoin ETP inflows remain steady, down just 9% from October’s $62 billion peak. Galaxy expects Bitcoin to eventually mirror gold as a devaluation hedge, driven by major allocators and central banks.
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