Bernstein Research: Crypto Becomes An Important Part In Global Financial System

Crypto assets have become an important part of the financial system. (Photo; Doc. Meidilight)

JAKARTA - In early 2025, the crypto market is predicted to enter a new era that is more stable and sustainable. Analysts from Bernstein Research expressed their optimistic views in a report published on January 6.

Launching DailyHodl, Barnstein Research said this time crypto was no longer considered a suburban innovation, but an increasingly important part of the global financial system.

Gautam Chhugani, managing director of Bernstein, explained that the extreme volatility pattern that had been the hallmark of the crypto market has now begun to erode along with the increasing attention from companies, banks, and large institutions towards these digital assets.

One of the assets showing great potential is Bitcoin, which earlier this year recorded a price spike of about 6%, trading around 99,200 US dollars (Rp1.6 billion).

Bernstein analysts maintain a target price of 200,000 US dollars (Rp3.2 billion) for Bitcoin by the end of 2025, in line with support from the pro-Bitcoin policy promoted by President-elect Donald Trump.

Along with these developments, companies like MicroStrategy, which currently hold more than 446,400 BTC (approximately IDR 7.2 trillion), are expected to be followed by other companies in adopting Bitcoin's accumulated plans.

In addition, the increasing trend of adoption of Bitcoin by corporations was also followed by a major surge in the flow of funds to Bitcoin ETF (Exchange-Trad Fund). Bernstein projects that the flow of these funds will exceed $70 billion by the end of the year, double what was recorded in 2024.

Di sisi lain, Ethereum juga diprediksi akan semakin menarik perhatian institusi besar pada 2025, dengan potensi yang didorong oleh utilitasnya yang beragam di ekosistem blockchain.

In addition, a new, more crypto-friendly government is expected to present clearer regulations, especially for stablecoins, which are expected to reach more than $500 billion by the end of the year.