Strong Institutional Support and Miner Resilience Drive Bullish Outlook
Bitcoin on Track for Major Gains, Says VanEck
Leading investment firm VanEck has released its Mid-August 2025 Bitcoin ChainCheck, offering a bold prediction: Bitcoin could surge to $180,000 before the end of the year. According to the report, this bullish outlook is driven by a mix of strong institutional inflows and solid on-chain profitability.
VanEck noted that prior to Bitcoin’s recent price spike, 92% of BTC in circulation was already in profit, signaling that investor sentiment remains firmly optimistic. Corporate investment, in particular, has played a key role in maintaining stability across the market, even as Ethereum continues to gain institutional favor.
U.S. Miners Strengthen Position Amid Rising Difficulty
The report also highlights a significant increase in Bitcoin mining difficulty, which recently hit an all-time high. Despite this, mining revenues have remained strong, suggesting that miners are still operating profitably. VanEck pointed out that U.S.-based miners are expanding their share of the global hashrate, reinforcing America’s growing influence in the crypto space.
While Bitcoin’s dominance has slipped slightly, largely due to decreased activity in the Ordinals market, VanEck doesn’t see this as a critical threat. The firm believes that ongoing capital inflows are helping to stabilize the market, and that short-term fluctuations in dominance are not a cause for concern.
One Key Risk: Corporate Treasury Volatility
Despite the bullish tone, VanEck did mention one potential headwind: if Bitcoin’s price remains in a low-volatility zone, it could make it harder for companies to raise capital through treasury holdings. This scenario might introduce short-term market volatility, though VanEck remains confident that the broader trend points upward.
In conclusion, the firm continues to project a strong finish to the year for Bitcoin, buoyed by institutional confidence, mining resilience, and healthy market fundamentals.
