$BTC $BTC
As of April 29, 2025, Bitcoin (BTC) is trading at approximately $94,891, reflecting a 1.16% increase over the past 24 hours. This surge aligns with a broader bullish trend in the cryptocurrency market.
Key Developments:
• Institutional Adoption: April witnessed a significant uptick in corporate Bitcoin holdings, with firms adding nearly 100,000 BTC to their treasuries. This trend underscores growing institutional confidence in Bitcoin as a strategic asset.
BTCUSDT
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• Price Predictions: Analysts, including Geoff Kendrick from Standard Chartered, project Bitcoin could reach $120,000 in Q2 2025, with potential to hit $200,000 by year-end. These forecasts are based on factors like economic uncertainties and increased investor interest.
• Regulatory Landscape: The U.S. government’s establishment of a Strategic Bitcoin Reserve in March 2025 has further legitimized Bitcoin’s role in the financial system, potentially influencing its adoption and price trajectory.
