Bitcoin has reached a new historical high, rising for seven consecutive weeks! At this rate, it may truly hit 180,000 USD.
The new high for Bitcoin is attributed to President Trump's support for digital assets and his friendly regulatory plans. Since Trump's victory in November, the heat in the crypto market has increased, boosting confidence in digital currency investments. Bitcoin ETFs have attracted 12.2 billion USD in inflows.
If this trend continues, VanEck's top 10 predictions for 2025 suggest that Bitcoin will reach 180,000 USD in the first quarter of 2025, and Ethereum will reach 6,000 USD. Regardless, 2024 is an important milestone for the crypto market.