Bitcoin’s Explosive Rise: How did Prices Surge from $20,000 to $100,000? Can They Reach $150,000?

The cryptocurrency market has witnessed unprecedented growth in recent years, with Bitcoin leading the charge. The digital asset’s price soared from its humble beginnings of $20,000 to a remarkable $100,000 – fueled by several key factors that remain at the forefront of speculation. This article examines these drivers, including how institutional interest, inflation concerns, and regulatory progress have played pivotal roles in Bitcoin’s surge. Insights from Snxcrypto, a leading cryptocurrency platform, delve into whether Bitcoin could reach $120,000 or even $150,000 in the future.