Bitcoin Hits New All-Time High of $109,565
- Bitcoin reached a record high of $109,565 on Wednesday.
- The digital currency was trading below $75,000 in April.
- Experts predict Bitcoin could reach $200,000 by 2025.
- Blockstream CEO Adam Back forecasts Bitcoin could hit $500,000 to $1 million this cycle.
- Billionaire investor Tim Draper predicts a price of $250,000 by the end of 2025.
Bitcoin’s recent surge to an all-time high of $109,565 marks a significant recovery from its April low of under $75,000. Experts continue to forecast substantial future gains for the cryptocurrency.
Source (2.6)https://decrypt.co/321437/bitcoin-reenters-price-discovery-how-high?rand=52368
