Bitcoin is currently on a bullish trajectory, with prices fueled by institutional demand through spot ETFs and growing adoption as a digital store of value. Analysts predict a potential price of $115,000 in 2025, driven by limited supply and increased liquidity from large transactions. However, volatility and macroeconomic uncertainties remain significant
BlackRock recently acquired over $1 billion in Bitcoin via its iShares Bitcoin Trust (IBIT), bringing its total Bitcoin holdings to around $24 billion, or 1.76% of the total BTC supply. This reinforces its influence in the crypto market and drives demand for spot Bitcoin ETFs
Bullish
63%
Bearish
37%
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