Bitcoin Reaches New High: Will $200,000 be Achieved by 2025?

Bitcoin has surged past the $100,000 mark for the first time since early February. The leading cryptocurrency reached a record high of $100,880 on the Bitstamp exchange earlier today. This price surge was fueled by speculation regarding the potential easing of US tariffs on China if negotiations go smoothly. Major altcoins are also exhibiting gains with Ethereum (ETH) regaining its position above $2,000. 2025’s potential for Bitcoin to reach $200,000 has been raised by banking giant Standard Chartered, which now believes this target is achievable. Just a small jump away from the record high of $108,786 reached on January 20th, the price of Bitcoin continues its upward trajectory.