#CryptoSurge2025
Bitcoin topped $100,000 for the first time last month after doubling in price last year, and analysts say Bitcoin and other cryptocurrencies could see another year of upheaval in 2025.
To help explain why Bitcoin investors are so excited, here are three key things to keep in mind and why critics are so concerned.
Could Bitcoin see another big surge?
That’s what many analysts think. A recent CNBC poll found that several experts predict Bitcoin will hit $200,000 this year.
There are reasons to be optimistic. Chief among them is that Bitcoin is becoming increasingly mainstream after the Securities and Exchange Commission (SEC) reluctantly approved bitcoin-tracking mutual funds early last year.