Bitcoin is projected to hit new heights by 2025, with experts predicting prices could reach US$100,000 or even US$200,000 amid growing institutional interest.
The global Bitcoin market cap is expected to surpass US$4 trillion, driven by adoption from major firms like Tesla and Square, who are increasing their Bitcoin holdings.
Regulatory clarity is on the horizon. Countries like El Salvador and the US are establishing frameworks that could enhance Bitcoin's legitimacy as a legal tender.
The introduction of Bitcoin ETFs in the US by 2024 may increase retail investment, bringing an estimated US$30 billion into the market.
Technological advancements, including the Lightning Network, aim to improve transaction speeds and lower fees, potentially boosting Bitcoin's use in daily transactions.