In 2025, Bitcoin (BTC) continues to show interesting market dynamics, influenced by various economic, political, and institutional adoption factors. Here are some of the key developments through February 2025:

Bitcoin Price Movement

On January 20, 2025, Bitcoin reached an all-time high of US$108,786. However, the price has fluctuated and is currently around US$97,552. This price movement reflects the volatility that is still inherent in crypto assets.

Price Predictions and Projections

Several analysts and financial experts have given optimistic predictions regarding the future price of Bitcoin. Investment research firm Bernstein projects that the price of Bitcoin could reach US$150,000 by 2025, assuming the approval of a spot Bitcoin ETF by the United States Securities and Exchange Commission (SEC).

In addition, Anthony Scaramucci, founder of SkyBridge Capital, predicts that Bitcoin has the potential to reach US$200,000 this year, driven by institutional adoption and more supportive regulatory developments.

Factors Driving Price Increases

Some of the factors contributing to Bitcoin’s price increase include:

Institutional Adoption: Companies like MicroStrategy, now known as Strategy, have continued to increase their Bitcoin holdings. As of mid-February 2025, Strategy held 478,740 Bitcoins worth approximately $46.6 billion.

Regulatory Developments: President Donald Trump’s administration has shown a more friendly attitude toward crypto assets, including plans to establish a national strategic reserve for Bitcoin and appointing crypto advocates to key positions such as Paul Atkins as SEC chairman.

Supply Halving: Bitcoin’s halving in 2024 reduces the supply of new Bitcoins, creating a scarcity that has historically driven prices up.

Challenges and Volatility

Despite the positive outlook, Bitcoin still faces challenges. Higher-than-expected inflation data and the Federal Reserve’s aggressive stance on monetary policy could affect demand for risky assets like Bitcoin. In addition, high price volatility requires investors to be cautious when making investment decisions.

Overall, 2025 is a crucial period for Bitcoin's development, with various factors that could influence its future price movements.