Bitcoin: What is driving its rise and what to expect?
Bitcoin, the leading cryptocurrency, continues to be a hot topic in financial markets, with price movements capturing the attention of global investors. Currently, its quotation hovers around $116,000 - $121,000 dollars, an impressive figure considering its trajectory. Just in the last year, Bitcoin has experienced remarkable growth, exceeding 80% of its value, and even touched a new all-time high of over $123,000 in July 2025.
This rise is not a coincidence. Several factors are driving interest and investment in Bitcoin. The approval of spot Bitcoin ETFs in January 2024 was a turning point, opening doors for institutional and retail investors in a more accessible way. This was complemented by the Bitcoin Halving in April 2024, a scheduled event that reduces the reward for miners, limiting supply and, in theory, increasing its value over time.
Furthermore, the global cryptocurrency landscape is maturing. We are seeing growing institutional interest, with financial giants like Standard Chartered launching Bitcoin and Ether trading services. The favorable stance of political figures, such as President Trump, also adds a touch of optimism. However, not everything is smooth sailing; volatility is inherent in the market, and events like the launch of the new Chinese AI model DeepSeek have generated downward adjustments in price.
Looking to the future, predictions are mostly bullish. While there may be fluctuations in the short term, the average price of Bitcoin is estimated to remain around $113,000 dollars in the coming months. Looking further ahead, towards the end of 2025, some projections place Bitcoin between $160,000 and $230,000 dollars. And by 2030, experts like Cathie Wood from ARK Invest are extraordinarily optimistic, with forecasts exceeding a million dollars.
