$BTC $BTC
The Bitcoin ($BTC) currency continues to attract global attention as its value currently exceeds $95,000, achieving one of its strongest performances in months. This rise comes amid optimistic forecasts from prominent financial institutions, as "Standard Chartered" predicted that the price of Bitcoin could reach $120,000 during the second quarter of the year, with the possibility of hitting $200,000 before the end of 2025.
On the other hand, the market is witnessing a strong trend from companies towards Bitcoin as a reserve asset, with institutions adding nearly 100,000 BTC to their holdings in April alone, raising their total to around 750,000 BTC.
Additionally, global governments have entered the fray, with the United Kingdom announcing new regulations concerning trading platforms and brokers.
There are reports that U.S. President Donald Trump signed an order to create a strategic Bitcoin reserve, enhancing the status of BTC as an official strategic asset for the first time in U.S. history.
