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Bitcoin to hit $200,000 by December? Shocking forecast from major banking powerhouse

Bitcoin to hit $200,000 by December? Shocking forecast from major banking powerhouse

Time of India2 days ago
Spot Bitcoin ETFs Drive Price Momentum
$15 Billion in ETF Inflows Could Add $63K to BTC Price
Live Events
User Growth Could Push BTC Even Higher
Macroeconomic Factors Could Dampen Momentum
Bitcoin Base Case: $135,000 by Year-End
Best-Case Scenario: BTC Hits $199,000
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Bitcoin's price has soared from around $45,000 at launch to a recent peak of about $123,000, and nowis giving investors hope for more with a bold prediction:, as per a report.According to NewsBTC, the bank has projected three scenarios for where the price might reach by year‑end 2025, which range from a low of $64,000 in a weak market to a bull case of $199,000 if everything goes right.As per Citi's analysts, several factors are driving this potential surge. One key reason is the growing influence ofs, which now account for over 40% of recent price movements, as per NewsBTC. Since Bitcoin ETFs' debut, US ETFs have bought approximately $54.66 billion worth of Bitcoin, injecting significant buying power into the market, according to NewsBTC.ALSO READ: Elon Musk's SpaceX just moved Bitcoin after 3 years, should crypto investors panic? Citi's base case scenario expects another $15 billion to flow into Bitcoin ETFs this year, as the bank's model suggests that for every $1 of ETF inflow, Bitcoin's price could increase by roughly $4, as reported by NewsBTC. This means the additional ETF demand could add about $63,000 to Bitcoin's value, according to the report.Globally, ETFs now hold around 1.48 million BTC, worth more than $170 billion, which is around 7% of the total supply, as reported by NewsBTC.User growth is also fueling optimism, as per the report. The bank anticipates a 20% increase in active Bitcoin users over the next year, which alone could support a $75,000 rise in price, as reported by NewsBTC. More users trading and holding Bitcoin tend to stabilise prices and reduce sudden drops, provided these new users remain long-term holders rather than quick traders, according to the report.ALSO READ: Is Donald Trump cheating at golf again? New viral video at Turnberry sparks heated debate on social media The bank's model also accounts for, trimming its forecast by about $3,200 due to expected weaker performances in traditional markets like equities and gold, as reported by NewsBTC. This adjustment indicated that if stock and metal markets struggle, BTC won't fully decouple from broader risk assets, as reported by NewsBTC.However, the growing regulatory approval and deeper links between crypto and traditional finance could offer some support, according to the report.For the base‑case scenario prediction, Citi added the $63,000 from ETF flows to the $75,000 from user growth, then subtracted $3,200 for macro headwinds, as reported by NewsBTC.That calculation gives the price at about $135,000 this year, which is only $12,000 above the recent peak of $123,000, according to the report. This highlights that the bank sees more upside but not a runaway rally, at least not in the base case, as per NewsBTC.As per Citi's bull case, if ETFs keep pouring in way over $15 billion and user growth exceeds 20%, Bitcoin could increase to $199,000, according to the report.However, a drop to $64,000 is possible if macro conditions sour sharply, as reported by NewsBTC.The base-case forecast is $135,000, factoring in expected ETF and user growth, as per the NewsBTC report.Macro weakness could trim Bitcoin's value by around $3,200, as per Citi's model.
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With AI plan, Trump keeps chipping away at a foundational environmental law
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  • Time of India

'Miracle': After 15 failed IVFs and 19 years of tears, how AI helped a couple finally have a baby

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel It sounds almost unbelievable, but artificial intelligence has just helped a couple get pregnant after 19 long years of failed attempts. Diagnosed with azoospermia, a condition where no sperm are detectable in the ejaculate, the couple had been through 15 heartbreaking IVF failures. But in March this year, their journey took a miraculous turn, thanks to a pioneering AI tool developed by scientists at Columbia University Fertility tool, aptly named Sperm Track and Recovery (STAR), works much like AI systems used by astrophysicists to detect rare stars in the sky, except this one hunts for extremely rare sperm in semen to Dr Zev Williams, the lead researcher and developer of STAR, 'It's like finding a needle not just in a haystack, but in a thousand haystacks.' In an interview with Time Magazine, he explained how the system can locate living sperm that traditional lab techniques often miss, and do so in under two technology combines AI, high-speed imaging and robotics. A fluidic chip is used to flow a semen sample through a small plastic tube. If the AI algorithm detects even a single viable sperm, that portion of the fluid is isolated in a separate tube, ready to be used for fertilisation or frozen for later exactly what happened in this couple's case. Within two hours of collecting the husband's sample, the AI system had not only identified sperm but helped fertilise the wife's eggs. Just a few days later, the fertilised embryo was transferred to her uterus. Four months on, the mother-to-be and the baby are both doing stands out for its ability to detect sperm in cases where even trained embryologists fall short. Dr Williams recalled an internal test where embryologists spent two days analysing a sample and found no sperm. STAR found 44 viable sperm in just an hour. 'They didn't want to be outdone by a machine,' he joked, but the results were gentle, chemical-free method marks a massive leap forward in tackling male infertility, particularly azoospermia, which affects around 1% of all men and is responsible for 10% of male infertility Williams says STAR could soon help redefine possibilities for many men and couples who have lost hope. 'The dream is to develop technologies so that those who are told 'you have no chance of being able to have a child' can now go on to have healthy children,' he told such scientific breakthroughs, it's no longer just wishful thinking, it's becoming from agencies

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Time of India

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  • Time of India

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