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Breaking: Bitcoin Hits $100,000. Is $200,000 Possible in 2025?

Bitcoin
By admin
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Breaking: Bitcoin Hits $100,000. Is $200,000 Possible in 2025?

Bitcoin, the leading cryptocurrency by market capitalization, has hit the pivotal $100,000 level for the first time since early February.

Breaking: Bitcoin Hits $100,000. Is $200,000 Possible in 2025?

The flagship coin reached an intraday high of $100,880 earlier today on the Bitstamp exchange.

The recent price surge was caused by speculation about the U.S. potentially lowering tariffs on China if negotiations go well.

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Major altcoins are also in the green, with Ethereum (ETH) reclaiming the $2,000 level.

Is $200,000 possible in 2025?

Earlier today, banking giant Standard Chartered reiterated its prediction that the cryptocurrency could surge to $200,000 in 2025. In fact, it now claims that the $120,000 target for the second quarter of the year is too conservative.

Bitcoin is now just 8% away from reclaiming the record peak of $108,786 that was hit on Jan. 20.

Source

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