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- Betting odds now go 6/1 that Bitcoin hits $200k value in 2025
- Bitcoin currently worth around $93,000
- Peak price of Bitcoin was $108k hit in December 2024
Betting odds now go 6/1 that Bitcoin hits $200k value in 2025
Financial betting specials are now offered for 2025 with the price of various cryptocurrency given odds as part of a variety of 2025 specials offered by Star Sports this week.
Betting sites have continued to give odds on financial markets in the past few years and it's no different now with markets around how much Bitcoin will be valued at across the next 12 months.
Star Sports latest special market goes 6/1 that Bitcoin's value hits $200,000 at some point in 2025 with a 14.3% implied probability given that it happens based on those odds.
Other financial specials include Tesla's share price to exceed $750 with the current price sat just above $400 and CEO Elon Musk will be hoping that it soars throughout 2025.
| Financial Betting Specials 2025 | Odds | Probability |
|---|---|---|
| Bitcoin to hit $200k | 6/1 | 14.3% |
| Tesla share price to exceed $750 | 7/1 | 12.5% |
What the expert says...
Bitcoin currently worth around $93,000
The current value of Bitcoin sits at just over $93,000 with a rise of 118% in the past 12 months after the cryptocurrency kicked off 2024 with a value of around $45,000.
It's expected as always that we'll see the price of Bitcoin fluctuate throughout 2025 with any sort of cryptocurrency going up and down in price throughout the year.
Bitcoin Betting Odds Guide
Peak price of Bitcoin was $108k hit in December 2024
Bitcoin hit an all-time high last month with the cryptocurrency reaching a value of $108,135 on December 17 and the rise in the coin has soared towards the end of the year.
Donald Trump's presidential victory on November 5 saw various cryptocurrencies rise significantly in value with Bitcoin gaining the most traction after the president elect said he would help the digital industry.
It may well be that we see Trump announce a Bitcoin reserve as part of the new administration this year and that would likely see a boom in Bitcoin take place in 2025.
What is Bitcoin?
- Founded in 2009 Bitcoin is a digital or virtual currency used predominately online.
- It was the first and is the leading cryptocurrency
- There are now thousands of virtual currencies.
- Instead of paying for something in cash you can now use bitcoin or another cryptocurrency.
- Transactions are recorded in a blockchain list stored only on the computer, it is not reliant on banks.
- Each bitcoin you own is stored in a digital wallet on your mobile or computer.
- You can send bitcoins to other bitcoin wallets as a payment for goods and services with no need for a bank to get involved.
Taken from our Bitcoin Betting Guide.
