Bitcoin, the first and most popular cryptocurrency, has undergone a tumultuous journey since its launch in 2009. From its early days of being almost worthless, Bitcoin has achieved remarkable milestones, especially in 2024 when its value first surpassed 100,000 USD, bringing its market capitalization close to 2 trillion USD, making it the sixth most valuable entity in the world. However, Bitcoin is still known for its strong volatility. Throughout its journey, it has experienced many significant cycles of ups and downs.
Currently, on February 10, 2025, the price of Bitcoin is trading at around 96,238 USD, with a daily high of 97,313 USD and a low of 95,870 USD. Forecasts for the future of Bitcoin are diverse. Some optimistic analysts believe that the price of Bitcoin may continue to rise, predicting it could reach around 139,295 USD by January 2025 and up to 270,932 USD by December 2025. Conversely, some more cautious opinions predict the price could drop to 113,407 USD by the end of 2025.
Overall, the trend of Bitcoin depends on many factors, including acceptance by financial institutions, the regulatory environment, and market sentiment. Although it has gained wider recognition and attracted interest from major investors, Bitcoin still faces challenges regarding price volatility and regulatory uncertainty. Therefore, investors should be cautious, conduct thorough research, and only invest amounts they can afford to lose.