Bitcoin may hit $140k-$145k by Nov 2025: Sumit Gupta, Co-founder, CoinDCX

The availability of institutional-grade tools and improving regulatory clarity is encouraging a more sophisticated, professional investor base to participate in this evolving asset class

Sumit Gupta, Co-founder of CoinDCX, a crypto trading platform, believes that Bitcoin (BTC) has entered the second half of 2025 with strong tailwinds and expects the flagship cryptocurrency to reach a new all-time high. In an email interview with Kumar Gaurav, Gupta shares his views on the outlook for cryptocurrencies. Edited excerpts:

Bitcoin touched an all-time high in May but fell below $100,000 before rebounding. What’s driving this volatility?

Bitcoin’s pullback after hitting an all-time high in May wasn’t unexpected. Historically, whenever Bitcoin breaks new ground, a period of heightened volatility often follows. This time was no different. Around May