Bitcoin is likely to trade near its current levels through the end of the year, Bitget CEO Gracy Chen said on Tuesday, citing interest rate risks and broader macroeconomic conditions as key uncertainties.
Speaking on Cointelegraph’s Trade Secrets podcast, Chen noted that predicting whether Bitcoin will finish 2025 above or below $70,000 remains challenging. Higher interest rates could exert downward pressure on prices, she said, while Bitcoin’s growing integration with traditional finance has increased its sensitivity to macro trends.
Chen’s base case suggests Bitcoin could end the year within $10,000 to $20,000 of its current level, a range she described as a more conservative estimate. The cryptocurrency was trading near $68,000 on Tuesday, having surged in recent weeks amid renewed institutional interest.
The outlook comes as the U.S. government maintains a Strategic Bitcoin Reserve, established in March 2025 using BTC seized through law enforcement actions. The reserve currently holds an estimated 328,372 BTC, according to BitcoinTreasuries.NET, though much of this was accumulated through asset forfeitures rather than direct purchases.
Chen expressed skepticism that the U.S. would expand its Bitcoin holdings through new purchases before the end of President Donald Trump’s current term. She described such a move as a significant policy decision that would require broader political debate, despite the administration’s generally favorable stance toward cryptocurrency.
"From a policy perspective, it’s probably unlikely," Chen said. "I just don’t see it coming right now."
The comments follow a period of volatility in digital assets, with Bitcoin’s price surging alongside gains in crypto-linked equities, including miners and treasury companies.
