Bitcoin (BTC) has recently surged back above $110,000, nearing its all-time high as optimism builds around potential U.S. Federal Reserve rate cuts and cooling inflation. Institutional interest continues to drive momentum, with companies like MicroStrategy (now rebranded as Strategy) and GameStop doubling down on Bitcoin acquisitions. Strategy now holds over 581,000 BTC, and GameStop is raising $1.75 billion to expand its crypto holdings. Meanwhile, market analysts are eyeing the $112K resistance level, with bullish predictions ranging from $150K to even $200K by the end of 2025, depending on macroeconomic shifts and regulatory developments.
On the regulatory front, the U.S. Congress is progressing with two major pieces of legislation—the CLARITY Act, aimed at defining crypto regulatory roles, and the GENIUS Act, which addresses stablecoins. Internationally, the UK is softening its stance by proposing retail access to crypto exchange-traded notes (ETNs). In a political twist, Bitcoin has also entered mainstream conservative politics, with appearances from figures like Donald Trump Jr. and JD Vance at the Bitcoin 2025 conference in Las Vegas. As institutional accumulation and political support rise, Bitcoin is becoming more integrated into both financial and governmental systems, reinforcing its status as a long-term asset.