$BTC Hits Record High Amid Regulatory Tailwinds: Is $BTC Headed for $200K?
Bitcoin ($BTC) continues its bullish trajectory, recently reaching an all-time high of $112,509.65 on May 22, 2025, before experiencing a slight pullback to around $109,251. This surge is fueled by increasing institutional adoption and favorable regulatory developments.
The U.S. Senate's advancement of the GENIUS Act, aimed at regulating stablecoins, has bolstered investor confidence. Additionally, states like Texas are moving to incorporate Bitcoin into their reserves, reflecting growing governmental support. Institutional interest is also on the rise, with firms like BlackRock increasing allocations to Bitcoin ETFs.
While Bitcoin dominates the market, altcoins are showing signs of momentum. The Altcoin Season Index remains low, indicating a Bitcoin-led cycle, but analysts suggest a potential altcoin rally if market conditions align.
Analysts like Anthony Scaramucci predict Bitcoin could reach between $180,000 and $200,000 by the end of 2025, driven by global adoption and limited supply.
