Bitcoin Breaks $124,000 Barrier, Sets New All-Time High, Analysts Predict $200k by 2025

Bitcoin (BTC) has surged past the $124,000 threshold, establishing a new all-time high. Its market capitalization briefly surpassed Google’s at over $2.46 trillion before settling in as the fifth largest asset globally. This surge is fueled by institutional investments and growing anticipation of Federal Reserve rate cuts. Experts predict that Bitcoin could reach $200,000 by the end of 2025. This shift marks a significant departure from the risky bet it once embodied, positioning it as a serious store of wealth for many.