Bitcoin has smashed through $100K again, climbing to $106K - despite all the earlier warnings from JPMorgan. With Trump’s trade war heating up, some are calling this the “perfect storm” for a collapse in the US dollar. Safe to say, crypto’s moment is here again.
JPMorgan’s done a full flip. After warning about Bitcoin earlier this year, they’re now backing it to beat gold for the rest of 2025. That’s a big shift coming from one of Wall Street’s heavyweights.
It’s more than just Bitcoin’s price surge, crypto’s getting serious political backing. Supportive laws are picking up steam, Trump’s throwing his weight behind it, and the Genius Act could kick off the first stablecoin rules when it lands in the Senate next week. It’s a major step for crypto regulation.
Bitcoin already bounced back from $75K during tariff panic, and now it’s flying. Wall Street is watching closely, and regulation is starting to look more like a green light than a red flag.
So, where does $BTC go next - $120K, $150K or even higher?
