Bitcoin Market Cap Surges to $2.4 Trillion on ETF Inflows
Bitcoin Market Cap Surges to $2.4 Trillion on ETF Inflows

Bitcoin Market Cap Surges to $2.4 Trillion on ETF Inflows

News summary

Bitcoin is experiencing significant bullish momentum with multiple analysts and industry figures forecasting substantial price increases by 2025 and beyond. Jeff LaBerge of Bitdeer predicts Bitcoin could reach $150,000 to $200,000 this cycle, though he warns that a future bear market might push prices below six figures. Institutional demand, particularly through Bitcoin ETFs like BlackRock's IBIT, has surged, contributing to Bitcoin's market cap surpassing Amazon's, reaching approximately $2.4 trillion, making it one of the world's top five most valuable assets. Analyst PlanB projects an even more optimistic outlook, suggesting Bitcoin could hit $300,000 by 2026 based on his stock-to-flow model, despite some investor skepticism and recent cooling in market sentiment. Cryptographer Adam Back presents a long-term vision where Bitcoin could achieve a $200 trillion market capitalization by capturing a significant share of global monetary assets currently held in gold, real estate, and nonproductive financial holdings, contingent on continued adoption and regulatory clarity. Overall, growing institutional interest, ETF inflows, and macroeconomic factors under a crypto-friendly administration are key drivers behind Bitcoin's rising valuation and its evolving role as a digital store of value.

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