Bitcoin Surges Past $97,000 as Bullish Momentum Builds
The cryptocurrency market is showing strong bullish momentum today, with Bitcoin (BTC)$BTC
surging past $97,000 for the first time in months. Analysts predict that if this trend continues, Bitcoin$BTC could reach between $150,000 to $185,000 by the end of 2025.
Ethereum (ETH)$ETH
is also showing a steady climb, trading around $2,300. Experts suggest that the upcoming Ethereum upgrades and growing adoption in decentralized finance (DeFi) may push ETH to $5,500 or even $8,000 in the coming months.
UK Introduces New Crypto Investment Regulations
In a major move, the UK’s Financial Conduct Authority (FCA) has rolled out new guidelines aimed at protecting investors and increasing transparency in the crypto space. These include stricter rules on advertising and disclosures for crypto investment platforms.
The regulations are expected to set a global example for balancing innovation with investor safety.
Market Sentiment: Greed Returns
The Crypto Fear & Greed Index has moved into the "Greed" zone, indicating renewed investor confidence. Many institutional players are reportedly accumulating Bitcoin, while retail investors are returning after months of uncertainty.