Bitcoin, the world’s most popular and valued cryptocurrency, has enjoyed a remarkable run in 2024. After starting the year at around $45,000, the digital currency reached an all-time high of $100,000 on December 5, 2024, driven by factors such as the introduction of Bitcoin ETFs and expectations of more crypto-friendly policies under President-elect Donald Trump .
However, the cryptocurrency market is notoriously volatile, and Bitcoin is no exception. After reaching its all-time high, the price of the coin has corrected, currently sitting at around $93,912.00 .
Despite this pullback, the outlook for Bitcoin in 2025 remains optimistic. Analysts like Alex Thorn of Galaxy Digital predict that Bitcoin could surpass the $150,000 mark in the first half of 2025, with the potential to reach $185,000 by the end of the year, driven by increasing adoption by financial institutions, corporations, and governments .
In addition, the Bitcoin halving event, which occurred in Q2 2024, has historically limited the supply of new coins to the market, creating a scarcity dynamic that often drives the price up in the months and years that follow .
In short, although Bitcoin has faced a correction after reaching its all-time high, projections for 2025 indicate a possible recovery and significant appreciation, with analysts pointing to values above US$ 150,000, driven by factors such as institutional adoption and supply and demand dynamics.
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