Bitcoin News Today: Bitcoin's Rise Now Seen as a Response to Dollar Doubts and Debt Fears

Bitcoin price predictions for 2025 continue to spark debate among analysts, policymakers, and investors, with a range of forecasts emerging based on macroeconomic trends, regulatory developments, and institutional adoption. The global economic environment, particularly the U.S. Federal Reserve's handling of inflation and the growing U.S. debt burden, is increasingly seen as a key driver influencing the cryptocurrency market.

Kenneth Rogoff, former chief economist at the International Monetary Fund and Harvard professor, recently acknowledged his earlier skepticism about Bitcoin, noting that the asset has surpassed expectations. He highlighted concerns over the U.S. dollar’s long-term position as the dominant global currency, warning that a growing $37 trillion national debt could erode confidence in fiat currencies and potentially accelerate the adoption of cryptocurrencies. Rogoff stated that the dollar could lose market share to the euro, the Chinese yuan, and even cryptocurrencies like Bitcoin over the medium to long term [1].

In parallel, Bitcoin’s price has surged to all-time highs, reaching above $124,000 in recent weeks. This surge coincided with a broader crypto market valuation surpassing $4 trillion, driven by increasing institutional and retail interest. Analysts at Unchained, a Bitcoin financial services company, suggested that a potential shift in the Federal Reserve’s monetary policy—such as a dovish tilt or rate cuts—could boost Bitcoin’s appeal as a hedge against inflation and fiat uncertainty. They noted that Bitcoin’s sensitivity to macroeconomic signals makes it well-positioned to capitalize on optimism surrounding rate cuts [1].

Looking further ahead, crypto asset manager Bitwise released a report forecasting that Bitcoin could reach $1.3 million by 2035, representing a compound annual growth rate of 28.3%. This projection assumes a continued shift toward institutional adoption, sustained demand for hard-asset exposure in inflationary environments, and Bitcoin’s fixed supply characteristics. However, the firm also emphasized that volatility will remain a defining feature of the market, even as it trends downward over time. Bitwise acknowledged regulatory and political risks but maintained a cautiously optimistic outlook, suggesting that Bitcoin could outperform traditional assets over the next decade [2].

Meanwhile, other analysts have offered more immediate projections. Brian Armstrong, CEO of Coinbase, has stated that Bitcoin could reach $1 million by 2030, pointing to regulatory clarity, institutional adoption, and the U.S. debt-to-GDP ratio as key factors. The rising debt-to-GDP ratio, currently estimated at around 150–170%, is seen as a historical warning sign for economic stability, with Armstrong suggesting that Bitcoin could serve as a solution to systemic financial risks [1].

Despite bullish forecasts, the market remains volatile. Bitcoin price targets for 2025 range from $120,000 to $200,000, with some analysts citing ETF inflows and macroeconomic conditions as the primary catalysts. As the crypto market continues to mature, it appears that both traditional financial institutions and speculative traders are closely watching Bitcoin’s price trajectory, with the potential for substantial gains and risks alike [3].

Source:

[1] Forbes Digital Assets (https://www.forbes.com/sites/digital-assets/2025/08/23/global-crisis-37-trillion-fed-dollar-crash-fears-fuel-huge-bitcoin-ethereum-xrp-and-crypto-price-predictions/)

[2] Coindesk (https://www.coindesk.com/markets/2025/08/22/bitcoin-price-to-hit-usd1-3m-by-2035-says-crypto-asset-manager-bitwise)

[3] CoinCentral (https://coincentral.com/7-best-cryptos-for-2025-magacoin-finance-xrp-avax-highlighted-for-18000-roi-potential/)