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Bitcoin, the granddaddy of crypto, is flexing its muscles again, smashing past $100,000 and flirting with its all-time high of $106,533 from December 2024. Analysts like Scott Melker, host of The Wolf of All Streets podcast, are throwing out wild predictions, saying Bitcoin could rocket to $250,000 by the end of 2025. Why? Big institutions like retirement funds and macro funds are pouring money into Bitcoin ETFs, and global trade optimism (think U.S.-U.K. deals) is fueling the fire.
But it’s not just Bitcoin. Ether (ETH) is climbing too, hitting above $2,600, thanks to a recent Ethereum network upgrade called Pectra that slashed fees and made staking easier. Altcoins like Solana are also riding the wave, with double-digit gains in a single week. The crypto market is partying like it’s 2021, but don’t pop the champagne just yet—volatility is still king.
Takeaway: If you’re thinking of jumping in, buckle up. Crypto’s a wild ride, but the bulls are charging hard right now.