JPMorgan predicts a significant surge in Bitcoin’s price by 2025, projecting it to reach an impressive $126,000. This prediction is driven by the increasing influence of institutions and the reduction of volatility in the cryptocurrency market. Nikolaos Panigirtzoglou, JPMorgan’s Managing Director, spearheaded this forecast, citing substantial action from corporate treasuries accumulating Bitcoin, a trend reminiscent of quantitative easing effects observed in traditional markets. Over 6% of Bitcoin’s supply is currently held by institutions, a figure comparable to central bank policies impacting traditional financial markets. This stability within Bitcoin signifies potential for increased market confidence and growth for the asset as a whole.