For 2025, Banque Syz has identified ten possible events that could surprise the markets. One of them should make Bitcoin investors rejoice.
• Banque Syz reveals ten potential market surprises for 2025
• BRICS+ introduce Bitcoin as an alternative to the US dollar
• Increasing global demand is causing Bitcoin prices to explode
By means of a newly created, uniform payment system based on the innovative technologies of digital currencies and blockchain, the “BRICS” countries want to reduce their dependence on the world reserve currency, the US dollar. In addition, with this strategic step they want to bypass traditional banking networks such as SWIFT.
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The abbreviation BRICS is made up of the first letters of the first five members: Brazil, Russia, India, China and South Africa. At the beginning of 2024, Iran, Egypt, Ethiopia and the United Arab Emirates also joined the alliance.
The US President-elect Donald Trump is annoyed by the BRICS countries’ plans, which is why he has already threatened the alliance with high tariffs if it turns away from the US dollar as an international means of payment: “We demand that these countries promise that “They will neither create a new Brics currency nor support another currency to replace the mighty US dollar,” Trump wrote on his online platform Truth Social. Otherwise, he will impose “100 percent tariffs” on goods from these countries.
Russia wants to circumvent Western sanctions
The Kremlin denied that it wanted to combat the dominance of the US dollar on the world markets, but doubts about this denial are certainly justified, after all, an independent payment and settlement system within the BRICS would make it easier to circumvent Western sanctions . Because of the war in Ukraine, western industrialized countries have particularly targeted the Russian financial sector and, among other things, switched off Russia from the international payment information service SWIFT.
BRICS+ relies on Bitcoin as a US dollar alternative
Despite – or perhaps encouraged by – Donald Trump’s threats, the BRICS+ could push ahead with their plans. However, according to Banque Syz, the alliance of states also faces major challenges, such as securing transactions, user confidentiality and, above all, ensuring interoperability between different digital currencies and national payment systems.
This is where the potential surprise identified by Syz comes into play: After several summits in early 2025, the BRICS countries could decide to introduce Bitcoin as an alternative currency to the US dollar, the bank predicts. Because Bitcoin meets all the requirements for a global medium of exchange and a reserve currency. So he is politically neutral, has an unchangeable monetary policyensure strong ownership rights and benefit from improved functionality through Layer 2 solutions such as the Lightning Network.
Fabulous Bitcoin price forecast
But that’s not enough. As part of this potential market surprise, Syz-Bank writes that Bitcoin could later be adopted by other emerging markets. As a result, the USA, Europe and China would also decide to accumulate Bitcoin as a reserve currency, leading to accelerated adoption by global institutional and private investors. This increase in global demand would lead to a significant shortage of supply, catapulting the Bitcoin price to $500,000, according to the Swiss private bank’s scenario.
Editorial team finanzen.net