Bybit's Shunyet Predicts Bitcoin's All-Time High at $125K by Q2
BITCOIN RALLY INSIGHTS FROM BYBIT'S HEAD OF DERIVATIVES
Dubai, United Arab Emirates, May 23rd, 2025
Shunyet Jan, Head of Derivatives at Bybit, a top-tier cryptocurrency exchange, has shared insights on Bitcoin's recent surge to a new all-time high. Mr. Jan attributes this historic rally to a combination of market catalysts and macroeconomic shifts, and projects a positive outlook if the current conditions persist.
In his analysis, Mr. Jan identifies three fundamental drivers behind the Bitcoin rally:
- Regulatory Clarity Regarding Stablecoins: The passage of the GENIUS Act and other regulatory measures has provided a clear regulatory framework for stablecoins. This legal certainty encourages institutional confidence and underpins the foundational infrastructure for broader crypto adoption.
- Sustained Spot ETF Inflows: Institutional investors demonstrate a growing preferences for Bitcoin as a legitimate asset class. Robust inflows into spot Bitcoin ETFs offer regulated entry points, resulting in increased liquidity and long-term demand.
- Weaker U.S. Dollar and Inverse Correlation: When the U.S. dollar weakens, investors tend to seek alternative stores of value such as Bitcoin. This inverse correlation is a positive factor contributing to Bitcoin's recent rally.
Looking forward, Mr. Jan offers a bullish projection, stating that Bybit continues to support its diverse global user base with a robust, high-performance platform tailored to both retail and institutional investors.
About BybitEstablished in 2018, Bybit serves a community of over 70 million users worldwide. As a pioneer in decentralized finance, Bybit is redefining openness and equality within the blockchain industry. Partnerships with leading blockchain protocols aim to strengthen infrastructure and foster innovation in the decentralized world. Praised for its secure custody, a wide variety of marketplaces, intuitive user experience, and innovative blockchain tools, Bybit aims to bridge the gap between TradFi and DeFi.
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[1] Hileman, D. et al. (2020). The role of stablecoins in the fragmented crypto ecosystem. Chainalysis.[2] Kleyman, C., et al. (2021). The future of stablecoins: Preserving financial stability and encouraging responsible innovation. Bank for International Settlements.[3] Varshney, A., et al. (2022). A comprehensive framework for analyzing cryptocurrencies. Journal of Finance and Economics.
- The passage of the GENIUS Act has provided a clear regulatory framework for stablecoins, fueling institutional confidence and underpinning broader crypto adoption.
- Institutional investors are demonstrating a growing preference for Bitcoin as a legitimate digital asset, with sustained spot ETF inflows offering regulated entry points.
- The weaker U.S. dollars and the inverse correlation between the dollar and Bitcoin have contributed positively to Bitcoin's recent rally.
- Shunyet Jan, Head of Derivatives at Bybit, expects the current conditions to persist, projecting a positive outlook for Bitcoin's market trends.
- Bybit, a top-tier cryptocurrency exchange, supports a diverse global user base with a robust, high-performance platform for both retail and institutional investors.
- Bybit aims to bridge the gap between TradFi and DeFi, partnering with leading blockchain protocols to strengthen infrastructure and foster innovation in the decentralized world.
- As a pioneer in decentralized finance, Bybit is redefining openness and equality within the blockchain industry.
- Looking at the crypto market, altcoins are also experiencing adoption, with Ethereum and other digital assets like Eth showing significant growth.
- Web3 and decentralized finance (DeFi) are transforming the finance industry, with industries like finance, technology, and even art adopting these crypto-based solutions.
- The crypto market is evolving rapidly, with trends such as the integration of blockchain in various sectors, the development of stablecoins, and the increased inception of decentralized finance (Defi) platforms.