Bitcoin Hits All-Time High Amidst Institutional Demand

Fueled by growing demand from investment firms and supportive U.S. policies, Bitcoin reached a record high of $113,734 on Thursday. The cryptocurrency has already increased by 21% since the beginning of 2025.

Trump Administration’s Impact

The surge is partially attributed to policies enacted under the administration of former U.S. President Donald Trump. His support for digital assets appears to be a contributing factor.

Two months prior, Trump expressed his desire for cryptocurrency regulation to be ready for his signature before Congress’s vacation. Trump also signed an executive order in March establishing a strategic cryptocurrency reserve, appointing individuals supportive of the industry. Furthermore, Trump’s family businesses have also ventured into the cryptocurrency sector.

Price Predictions and Expert Analysis

Analysts anticipate Bitcoin will continue its upward trajectory, potentially reaching levels between $120,000 and $146,000. Moreover, projections for the end of 2025 suggest a possible range of $140,000 to $225,000, driven by increasing acceptance of digital currency regulations.

Despite the prevailing optimism, some experts caution about the potential for a significant correction, particularly if interest rates rise or economic pressures resurface. For example, JP Morgan Chase strategists suggest that Bitcoin is overvalued by as much as 45% (Bloomberg, 2024).

Market Factors

The cryptocurrency’s rise is supported by increased institutional participation, improved financial liquidity, and favorable technical indicators. The confluence of these factors suggests that further gains are possible, although the digital currency market remains subject to volatility.