According to CoinDesk, the cryptocurrency financial services firm Galaxy Digital reported that "due to increased demand from nations and institutions, BTC is expected to break through $185,000 and ETH to rise to $5,500 by the fourth quarter of next year. BTC's market capitalization will reach 20% of gold's market capitalization. Additionally, assets under management of the US BTC spot ETF are expected to surpass $250 billion next year, and 5 out of 100 Nasdaq-listed companies and 5 countries are expected to adopt BTC. The BTC-based DeFi TVL (total value locked) is expected to increase to $22 billion, double the current level."
Galaxy Digital "BTC expected to break $185,000 in Q4 next year"
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