Several indications suggest that Bitcoin may reach new all-time highs, possibly up to $117K, in the coming weeks. In the next five years, its value could increase further, possibly tripling by 2030. UK's biggest Bitcoin buyer is eyeing its struggling rivals, anticipating a potential FTSE 100 berth. Interestingly, Bitcoin and Ethereum ETFs have had a roaring comeback, adding nearly $3bn last week.
Winklevoss Twins predict a $1M Bitcoin price as Gemini goes public. They see Bitcoin reaching $1,000,000 in a decade. Notably, NIP Group recently acquired Bitcoin mining machines amidst a multi-firm merger, indicating growing business interest in Bitcoin mining. Besides, BlackRock has been preparing for Bitcoin ETP in the UK in October, coinciding with Bitcoin's price surge to $114K.
On the other hand, the impact of potential future Fed rate cuts on Bitcoin is being discussed. Likewise, the possibility of the US forming a Strategic Bitcoin Reserve this year has been gaining traction. With all these developments and considerations, Bitcoin price is predicted to rise, with bullish targets set towards $123K.
Lastly, Bitcoin continues to outpace other investment asset classes, including gold, stocks, and real estate.
Bitcoin News Analytics from Thu, 28 Aug 2025 07:00:00 GMT to Sun, 14 Sep 2025 01:15:57 GMT - Rating 6 - Innovation 3 - Information 8 - Rumor 2
