#bitcoinOutlook The cryptocurrency market, led by Bitcoin, has matured and transformed in 2024, and this momentum is expected to continue in 2025, driven by anticipated regulatory developments and increased interest from governments and institutions. Nigel Green, CEO of deVere Group, one of the world’s largest financial advisory firms, expects the price of Bitcoin to rise to $120,000 by the end of the first quarter of 2025, despite a possible temporary decline due to profit-fixing by some investors. Standard Chartered, for its part, raised its price target for Bitcoin by the end of 2025 to $200,000. As 2024 draws to a close, the cryptocurrency market is emerging as one of the most dynamic financial markets, having witnessed a dramatic transformation from a harsh winter in 2022 and 2023 to a remarkable boom. The total market value of these currencies has exceeded the $3 trillion mark this year, thus enhancing the role of these digital assets in the financial system. With the great recovery of the leading currency “$BTC ” and its reaching new historical levels, it has become necessary to review the most prominent developments that have reshaped the market, the approval of “Bitcoin Exchange Traded Funds (ETF)”: The cryptocurrency market witnessed a qualitative transformation in January 2024 with the approval of 12 exchange-traded funds by the US Securities and Exchange Commission.Increasing global demand.
