Bitcoin Price Analysis: 76% of Polymarket Users Bet on It Rising to $100,000 by 2025; Is It Time to Buy BTC?
Government and Institutional Moves Boost Demand for Bitcoin, Pushing Price Higher
The US government plans to buy more than 5% of the total supply of Bitcoin and hold it for 20 years in an effort to stabilize the value of Bitcoin and inspire other countries to do the same, which could increase global demand for the currency.