#PowellRemarks Here is an updated analysis of Bitcoin (BTC) as of April 17, 2025:

Current Performance

Current Price:

Daily Range:

Daily Change:

Market Influencing Factors

Demand for Exchange-Traded Funds (ETFs): Net inflows exceeded $36 billion, boosting demand for Bitcoin.

Supply Reduction: The "halving" event reduced the issuance of new coins, contributing to the price increase.

Political Support: The re-election of Donald Trump and his supportive appointments for digital currencies have increased optimism in the market.

Analysts' Predictions for 2025

Bitwise: They expect the price of Bitcoin to exceed $200,000, and it may reach $500,000 if the US government adopts a strategic reserve plan for Bitcoin.

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