#BTCBreaks99K #BTCBackto100K
🟡 Bitcoin (BTC)
Current price: Bitcoin has surpassed the $100,000 mark for the first time since February 2025, peaking at $101,515, driven by improved market sentiment following the announcement of a preliminary trade agreement between the United States and the United Kingdom.
Future outlook:
Standard Chartered predicts that the price of Bitcoin will reach $200,000 by the end of 2025, driven by ongoing institutional flows through ETF funds.
Galaxy Digital expects the price to reach $185,000 in the fourth quarter of 2025, with increased adoption by countries and companies.
An analyst named Cryptorphic predicts the price will reach $156,000 by May 27, 2025, based on the impact of the historical "halving" event.
Institutional interest: Bitcoin ETF funds have seen inflows of $5.3 billion over the past three weeks, reflecting increasing institutional interest.
Regulatory developments: The states of Arizona and New Hampshire have enacted laws allowing the establishment of government reserves of Bitcoin, indicating increasing acceptance of digital currencies at the state level.
