Bitcoin (BTC) has witnessed notable developments recently, influenced by various economic and political factors.
Price fluctuations:
On April 6, 2025, the price of Bitcoin fell by 5% to reach $78,892.92 by 18:55 GMT.
In the first quarter of 2025, the price of Bitcoin decreased by 11.7%, marking its worst quarterly performance since 2015.
Impact of tariffs:
U.S. President Donald Trump announced new tariffs, leading to disruptions in financial markets. On April 4, 2025, the price of Bitcoin rose by 0.9% to about $83,961, while U.S. stock indices experienced a sharp decline.
Institutional investments:
GameStop announced the adoption of Bitcoin as a reserve asset for its treasury in an attempt to remain relevant in the changing financial market. However, this move was met with skepticism from investors, leading to a decline in the company's stock value by more than 13% since the announcement.
Members of the Trump family, including Eric Trump and Donald Trump Jr., have entered the Bitcoin mining sector through a new project called "American Bitcoin," in collaboration with Hut 8. This project aims to become one of the most efficient Bitcoin mining companies, with a large strategic reserve of Bitcoin.
Future price predictions:
Predictions regarding the future price of Bitcoin vary. Some sources expect the price to reach $132,000 in 2025, while other forecasts suggest it could hit $185,000 by the end of the same year.
On the other hand, some analysts warn of the possibility that the price of Bitcoin may decline to a range between $52,000 and $56,000 next summer, especially amid current trade tensions and economic policies.
Potential Risks:
Some experts indicate that the stability of Bitcoin's price may be at risk due to the possibility of a "fundamentals trading explosion" similar to what happened during the COVID-19 crisis, which could lead to sharp price fluctuations.
Based on the above, it is clear that the Bitcoin market is undergoing a phase of volatility and continuous changes, influenced by various economic and political factors, making it difficult to accurately predict future price movements.
