The rise of More than 100 thousand dollars in Bitcoin – The currency hit a peak of 103,000 – representing Milestones For the world’s most popular cryptocurrency, which has been grinding this year. Great goalssuch as in the context of a series of events Introduction of ETFsI appeal to come A safe haven asset Compared to the rise of geopolitical tensions and ultimately, The election of Donald Trump In the White House for a second term. But what do we expect from 2025? Will Bitcoin reach new highs or is its fortunes in for a correction?
Current prices.
After touching a total peak at $103,900, Bitcoin has pulled back from highs, holding. At $98,294 this morning, down 4% from yesterday’s close and 5.8 percent from the previous day’s highs.
As of today, cryptocurrency has. It is more than double the price.But confirming its performance. +131% While compared to a year ago, it shows an increase of 125%. Performance oflast monthwhich coincides with a Trump victory in the 2024 presidential election. +29%.
gave Capitalization The market has arrived $1.94 trillionWhile the trade is continuously increasing at 123.35 billion dollars.
Bernstein’s expectations
But according to analysts BernsteinBitcoin will not stop at this milestone and has to reach its destination. A cyclical high of $200,000 by the end of 2025Due to regulatory transparency and increasing adoption by institutional investors.
The recent one Nomination of Paul Atkinsa well-known supporter of cryptocurrencies and co-chairman of Token Alliance, Joe President of the SECUS Financial Markets Regulator, Reports a Regulatory change In favor of cryptocurrencies, Bernstein emphasizes that Atkins’ mandate will help stabilize the use of blockchain in the United States and promote wider acceptance of digital assets.
who Ten managers The global assets they now manage. $100 billion in Bitcoin ETFsIncluding BlackRock’s $50 billion IBIT fund, that’s clear. Adoption of Bitcoin by Institutions It is growing rapidly. Cryptocurrency has also arrived. Value and role as a safe havenas a substitute for gold. A role that will be maintained, according to experts, until it replaces gold in portfolio diversification.
Despite the cyclical ups and downs, Bernstein expresses. Confidence in Bitcoin’s Growth Pace And he believes that $100,000 is not the ultimate goal, but rather a cyclical maxim. $200,000 at the end of 2025.
