Tim Draper, a prominent Silicon Valley venture capitalist, has once again asserted his prediction that Bitcoin will achieve a milestone price of $250,000 by the end of 2025.
Despite maintaining his forecast from previous years, Draper has recently elaborated on the various factors he believes will propel Bitcoin’s price to unprecedented heights. He indicated that Bitcoin could potentially grow to an “infinite” value against the US dollar, a projection he first made last month. According to Draper, he anticipates the US dollar may fade from existence in a decade, supplanted by Bitcoin.
“Following the recent price surge, I continue to expect Bitcoin to hit $250,000 this year,” Draper shared with his followers on social media platform X on 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
Draper’s initial forecast reached back to 2018, where he aimed for a price target of 2022. However, that prediction did not come to fruition, as 2022 proved to be a tumultuous year for the cryptocurrency market, marked by the collapse of the FTX exchange and a significant market downturn.
Key Influences: Trade Deals, Regulation, and Web3 Development
In his latest commentary, Draper identified several critical elements that could facilitate Bitcoin’s ascent to his projected price point. He pointed out a prevailing mood of “general optimism” aligned with former President Trump’s ongoing efforts to secure trade agreements. A noteworthy recent development was the announcement from Trump’s Media & Technology Group, signaling progress towards launching a Bitcoin exchange-traded fund.
Regulatory advancements in the cryptocurrency landscape also emerged as a crucial factor. Draper referenced the U.S. Senate’s recent bipartisan support for the GENIUS Act, which is focused on stablecoin regulations. Additionally, the ‘Digital Asset Market Clarity Act of 2025’ is gaining traction among Republican lawmakers, aiming to create a comprehensive regulatory framework for the crypto industry.
The investor also pointed to the rise of Web3 applications developed on the Bitcoin blockchain, suggesting they will serve as another catalyst for price growth. He remarked, “Moreover, banks are beginning to incorporate Bitcoin into their financial offerings, with JPMorgan, a long-time skeptic, planning to offer it soon.”
Mainstream Adoption of Bitcoin by Businesses
Draper emphasized Bitcoin’s status as an “extremely low risk” investment compared to other cryptocurrencies and equities, noting that it commands a high level of confidence among investors. “It’s earning the reputation of being a reliable store of value,” he stated, highlighting the increasing interest from businesses that are actively exploring various ways to incorporate Bitcoin into their operations.
According to Bitcoin Treasuries, MicroStrategy has emerged as a leader in Bitcoin holdings, with over 580,000 BTC valued at approximately $61 billion. Furthermore, Draper noted the significance of “Layer 2 solutions, which provide Bitcoin with capabilities akin to Ethereum,” suggesting that knowledgeable investors are acutely aware of the innovations on the horizon.
The post Billionaire VC Tim Draper Predicts Bitcoin to Reach $250,000 This Year appeared first on Finance Newso.
