Bitcoin has achieved a new all-time high, surpassing $124,529, and experts anticipate further price surges. Key drivers behind this growth include the executive order issued by former US President Donald Trump allowing Bitcoin and other cryptocurrencies to be included in retirement plans, which is expected to unlock a $12.5 trillion market for digital assets. This move could lead to a surge in prices exceeding $150,000 and even reach the coveted mark of $200,000 by year’s end, according to prominent analysts like Mena Theodorou, Co-founder of Coinstash. 401(k) plans will grant crypto companies access to over 90 million accounts, potentially setting a global precedent for similar adoption across countries. This surge is fueled by Trump’s executive order, growing investments in spot Bitcoin ETFs, increased inclusion of crypto assets in the balance sheets of over 200 corporations, and the ongoing weakening of the US dollar. Notably, lower-than-expected US inflation has also contributed to the price increases.