$BTC

Bitcoin's current price is $121,721.29, with a 3.06% increase in the last 24 hours. The cryptocurrency's market capitalization stands at $2.35 trillion, and its 24-hour trading volume has seen significant activity. Recent news suggests that Bitcoin's price could surge in 2025, driven by global money supply growth, ETF adoption, and retail inflows ¹ ².

Some key factors influencing Bitcoin's price include ³:

- *Institutional Adoption*: Growing interest from institutional investors, such as Harvard's reported stake in BlackRock's Bitcoin ETF.

- *Regulatory Developments*: Trump's executive order allowing cryptocurrency assets in 401(k) retirement accounts has boosted market optimism.

- *Market Trends*: Bitcoin's price has broken above the $116,000 resistance, with bulls targeting the $120,000 level.

Experts predict Bitcoin could challenge the $120,000 to $123,218 resistance zone, but crossing it may be challenging for bulls. Meanwhile, market odds imply a less than 3% chance of reaching $200,000 by December this year ⁴.