With all the excitement around Bitcoin reaching a new record price, it's tough for other cryptocurrencies to capture the attention of investors. The experts are in complete agreement that Bitcoin is an asset that every cryptocurrency investor should have in their portfolio. However, now that it has hit a new record price of around US$ 100 thousand, it's crucial to think carefully about when would be the right time to enter the market.

### What's in Store for the Bitcoin Price in 2025

The overall outlook for Bitcoin in 2025 is quite positive. By the end of this year, the cryptocurrency has gone through its fifth halving. This is an occurrence where the reward that miners get for mining the asset is cut in half. As a result, there's a reduction in the supply of BTC, which usually tends to push its price up on the market.

### Understanding Supply and Demand

Supply and demand are basic economic ideas that deal with the amount of products or services that are available and the amount that consumers are willing to purchase. The connection between these two aspects is essential for grasping how markets function and how prices are set. Supply refers to the quantity of products or services that producers are ready to sell at a particular price. Demand, on the other hand, is the quantity of products or services that consumers are willing to buy at a given price. When we apply this concept to the cryptocurrency market, it's evident that the demand for Bitcoin is likely to remain high, and its growth has the tendency to be exponential, even when there are some price drops along the way.

### Can Other Cryptocurrencies Surpass Bitcoin's Price?

It's possible in the long run, but it's extremely challenging. Ethereum, which is Bitcoin's main competitor, has an estimated value of around BRL 23,000, while Bitcoin is valued at approximately BRL 600,000. So, Ethereum is way behind. Other cryptocurrencies like SOL and BNB are increasing in value every day, yet they're still a long way from catching up to the giant that is Bitcoin.

### How This Impacts Brazil

To put it simply, Brazil is currently witnessing a decline in the value of its currency, the real. In contrast to cryptocurrencies, which generally have an upward trend in value, the real is losing its worth. That's why it's a good idea to start investing in cryptocurrencies as soon as you can.

### Time to Invest

It's entirely possible to begin investing in cryptocurrencies, not just Bitcoin but other ones too. The cryptocurrency market grows bigger each year, and it's feasible to earn passive income through these digital assets. We understand that it's a long-term investment, but there's a chance it will yield returns.

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