Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Billionaire VC Tim Draper Predicts Bitcoin to Reach $250,000 This Year

by
June 5, 2025
in Crypto News
0
Billionaire VC Tim Draper Predicts Bitcoin to Reach $250,000 This Year
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Silicon Valley investor Tim Draper has reiterated his familiar stance: Bitcoin to reach a quarter of a million dollars by 2025.

The venture capitalist has been sticking to his earlier price prediction of $250,000 for Bitcoin, although this time, he listed several factors that would drive the price up.

He said that the world’s largest crypto might surpass “infinite against the dollar,” a prediction that he already made last month. The US dollar wouldn’t exist in 10 years, as Bitcoin would replace it, he added.

“On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year,” he wrote on X, Wednesday.

Bitcoin might go infinite against the dollar.

On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year.

Whether Bitcoin will keep gaining ground that fast, who knows.

But the main factors pushing it forward right now are:

→ General optimism… pic.twitter.com/EiD36iYbRy

— Tim Draper (@TimDraper) June 4, 2025

Tim Draper first predicted this level in 2018, originally targeting 2022. The timeline did not materialize as 2022 was a brutal year for crypto, defined by the collapse of FTX exchange and a deeper winter market.

Trump Trade Deals, Regulatory Frameworks, Web3 Apps to Foster BTC Price: Tim Draper

The American billionaire listed several major factors that would push the price of Bitcoin to that level of his prediction.

He stated that there is “general optimism” as President Trump continues to work out trade deals. A significant catalyst emerged recently, when Trump’s Media & Technology Group announced that it is one step closer to launching its own Bitcoin exchange-traded fund.

Another factor highlighted by Tim Draper includes incoming crypto regulatory frameworks in the US. On May 19, the U.S. Senate took a key step toward regulating stablecoins by advancing the GENIUS Act with a bipartisan vote of 66-32.

On the other hand, Republican lawmakers are pushing forward with the ‘Digital Asset Market Clarity Act of 2025,’ backed by bipartisan support. This comprehensive bill is aimed at establishing clear rules for the US crypto market.

Tim Draper noted that Web3 apps built on the Bitcoin blockchain is another factor that would drive BTC price up.

“Plus banks are adding it to their offerings. Even longtime holdout JPMorgan plans to offer it soon,” he wrote.

Businesses Explore Bitcoin, Bringing it to Mainstream

Draper stressed that Bitcoin is an “extremely low risk” asset when compared to other cryptoassets and stocks as “people believe in it.”

“It’s earning the title of a store of value,” he said, adding that businesses are piling in, exploring the asset in many ways and bringing it mainstream.

Per Bitcoin Treasuries, Saylor’s Strategy tops among companies holding BTC, with more than 580,000 BTC, valued at $61 billion.

Additionally, “Layer 2 solutions give Bitcoin the flexibility of Ethereum,” said Tim Draper. “The smart money sees what comes next.”

The post Billionaire VC Tim Draper Predicts Bitcoin to Reach $250,000 This Year appeared first on Cryptonews.

Previous Post

Scoping Study Demonstrates Low Cost Potential (Replacement)

Next Post

Ethereum Foundation Reworks Treasury Strategy — What Changes to Expect

Next Post
Ethereum Foundation Reworks Treasury Strategy — What Changes to Expect

Ethereum Foundation Reworks Treasury Strategy — What Changes to Expect

  • Trending
  • Comments
  • Latest
Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

Pepe Price Climbs 43% With Only 21 Days Left to Buy MIND of Pepe Cheap, Nearly $9m Raised 

May 9, 2025
Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

Bitcoin Price Prediction: At $103,688 BTC Shows Unstoppable Weekly Growth of 7.6% – Could We See a New All-Time High Before June?

May 10, 2025
Murchison South Increases to 67koz Gold Across Two Pits

Murchison South Increases to 67koz Gold Across Two Pits

May 13, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

June 6, 2025
Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

June 6, 2025
US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

June 6, 2025
Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

June 6, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

    Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

    June 6, 2025
    Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

    Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

    June 6, 2025
    US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

    US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

    June 6, 2025
    Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

    Bitcoin Price Prediction: Trump’s Truth Social Files for BTC ETF – How Quickly Can BTC Hit $200,000?

    June 6, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved