The cryptocurrency markets have witnessed a significant rise, with the price of Bitcoin approaching $105,000, supported by several positive factors. Among the most prominent of these factors is the listing of Coinbase on the S&P 500 index, which led to a 24% increase in its stock, along with expectations of increased institutional investments in the cryptocurrency sector.
Additionally, U.S. inflation data came in lower than expected, boosting optimism, along with positive statements from President Trump regarding the financial markets. Analysts expect Bitcoin to face resistance at the $106,000 level, with a possibility of a short-term correction before resuming its ascent. In the long term, forecasts suggest the price could reach between $150,000 and $180,000 by 2025-2026, supported by increasing institutional and regulatory adoption of cryptocurrencies
