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VanEck: Bitcoin price may reach $180,000 by the end of 2025, and the recent performance of listed mining companies has been polarized.
5hours ago

According to Odaily Planet Daily, crypto fund issuer VanEck analyst Nathan Frankovitz and head of digital asset research Matthew Sigel stated in their latest report that ETPs (primarily exchange-traded funds) and treasury firms purchased 54,000 and 72,000 BTC, respectively, in July. They predict that the Bitcoin price could reach $180,000 by the end of 2025. VanEck noted a polarized outlook among publicly traded Bitcoin mining companies, with APLD and Bitfarms rising 54% and 16%, respectively, while Cipher Mining fell 22%. Furthermore, the stock prices of publicly traded Bitcoin treasury firms have underperformed, with their net asset values (mNAV) declining. For example, Strategy fell 16%, Metaplanet fell 62%, and Semler Scientific fell 12%. (Crypto.news)