$BTC

Here's the latest Bitcoin news:

- *Current Price*: Bitcoin is trading at $94,866.71, with a recent surge driven by institutional demand and favorable crypto-related policies. Some experts predict a bull run, with potential targets of $100,000 or even $120,000 in the near term.

- *Institutional Adoption*: Coinbase has launched a new Bitcoin Yield Fund, offering non-US investors 4-8% annual returns paid directly in Bitcoin. This move could attract more institutional investors to the market.

- *Arizona's Bitcoin Reserve*: The Arizona House of Representatives has approved two bills proposing different methods for establishing a cryptocurrency reserve. If passed, Arizona could become the first US state to invest in a Bitcoin treasury.

- *Market Trends*: Bitcoin's price has been consolidating around $94,000 after a 10% weekly surge. Experts predict a potential pullback to $91,000, but on-chain data suggests healthy market fundamentals that could pave the way for new all-time highs.

- *Expert Predictions*: Standard Chartered Bank forecasts Bitcoin reaching $120,000 in Q2 2025 and $200,000 by the end of the year. Ark Invest predicts a bullish scenario where Bitcoin could rise to $2.4 million by 2030.

- *Altcoin Performance*: Top gainers include Virtuals Protocol, Floki, and Hyperliquid, with some altcoins preparing for significant rallies. XRP, for example, is expected to surge to $3.¹ ²