The cryptocurrency market today, February 23, 2025, witnessed significant fluctuations, with .

Very important $SOL

#BTC走势分析 #cryptouniverseofficial $BTC

$ETH

Bitcoin and other cryptocurrencies expected to rise

Bitwise expects Bitcoin to reach $200,000 by the end of 2025, with Ethereum and Solana hitting new record highs. Coinbase is also expected to join the S&P 500 and MicroStrategy to join the Nasdaq-100, potentially increasing US investors’ exposure to cryptocurrencies. Additionally, stablecoin assets are expected to double to $400 billion as US legislation moves forward.

For his part, analyst Marcus Thielen of 10x Research expects Bitcoin to hit $122,000 by February 2025, noting that the currency could rise by as much as 15% in the coming days before entering a consolidation phase.

Factors Influencing the Market

This optimism is attributed to several factors, most notably the political support of the current US administration led by President Donald Trump, who calls for using digital currencies as a tool to pay off national debt. The approval of Bitcoin and Ethereum exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC)

has also strengthened the legitimacy of these assets and attracted significant institutional investment.