In 2025, Bitcoin ($BTC ) has seen a robust year-to-date performance, gaining approximately 10.5% from around $95,000 in January to $104,952.31 as of June 16, despite a recent 5% dip triggered by geopolitical tensions. The cryptocurrency hit an all-time high of $112,000 in May, driven by strong institutional adoption, with Bitcoin ETFs recording consistent inflows and companies like MicroStrategy and Metaplanet significantly increasing their holdings. Pro-crypto U.S. policies under the Trump administration, including a $2.5 billion Bitcoin treasury deal, have bolstered sentiment, while macroeconomic factors like U.S. debt concerns and a weakening dollar have fueled its appeal as a hedge. However, volatility persists due to geopolitical risks and upcoming Federal Reserve decisions, with analysts forecasting potential growth to $200,000–$230,000 by year-end if bullish trends continue, though a drop below $100,000 could signal a correction to $78,500.