Bitcoin, after surging and settling into a 6-month sideways movement with Donald Trump’s second U.S. presidential term, touched $123,000 for the first time. The new all-time high (ATH) came amid preparations for the upcoming “Crypto Week” in Washington.
Following reaching the $123,091.6 mark, Bitcoin continues to maintain the level, without exhibiting huge sell-offs and igniting liquidation of more than $1 billion short positions. The ATH is considered a result of growing institutional interest and rising investor confidence.
Institutional Investments & ETFs Fueled Bitcoin’s ATH
According to various crypto market experts, Bitcoin’s new ATH is fueled by strong institutional investments, especially the spot Bitcoin exchange-traded fund (ETF), IBIT, playing as an important catalyst.
IBIT, the iShares Bitcoin Trust ETF, powered by BlackRock, recently surpassed 700,000 BTC ($80 billion) in assets under management. This achievement came after 18 months of its launch, and it is now the 3rd highest revenue-generating ETF.
While BlackRock becomes the fastest ETF to cross 80 billion dollars in assets, the combined BTC holdings of all the U.S.-based spot Bitcoin ETFs are now more than 1.25 million BTC, close to 6% of Bitcoin’s total supply of 21 million.
Regulatory Changes Lower Barriers for Institutional Investors
Following the changes in the regulatory landscape of crypto, various institutions entered the space and became major players. The recent upswing is helped by the filing of a series of bills in the U.S. and regulatory changes in other prominent countries.
The U.S. House of Representatives, starting today, will discuss and debate a series of bills related to Bitcoin and the whole digital asset industry. With the pressure from Donald Trump, who identifies himself as the “crypto president,” we can expect the U.S. policymakers to finalise the rules and regulations soon.
Bitcoin’s Surge Influences Altcoin Bull Run
Overall, Bitcoin has risen more than 30% this year, and usually, the altcoins follow the same path, as evident by previous bull cycles. Ethereum, the most prominent altcoin, has exhibited an 18% increase this week, crossing the $3000 mark. According to Eric Jackson, the founder of EMJ Capital, Ethereum is underpriced, and it will gradually become a dominant force in the crypto industry with its deflationary economics.
Various altcoin predictions suggest that another $4,000 milestone is within reach for ETH, similar to the 2021 bull run. However, unlike the 2021 bull run, numerous altcoins will not witness a bull run this time, except for some tokens with real use cases and some extremely successful memecoins.
Bitcoin’s Current Market Scenario
Bitcoin is at the moment continuing its movement through the topmost position, exhibiting a 12.5% surge from the past week. It has outperformed 84% of the top 100 crypto assets this year, and has 18 green candles in the past 30 days. It is trading near the all-time high, with extreme bullish alignment and greed.
- Fear & Greed Index: 74 (Greed)
- Market Sentiment: Bullish
- Supply Inflation: 0.95% (Low)
- Dominance: 63.75%
- Volatility: 3.70% (Medium)
Prominent Bitcoin Predictions: 2025 to 2030
Various market experts predict Bitcoin to reach $150K this year. Our realistic forecast based on historical data, market sentiment, and technicalities suggests a maximum value of $143,984 for BTC this year. Long-term predictions till 2030 are given in the table below.
| Year | Min. Price | Avg Price | Max. Price | Potential ROI |
| 2025 | $ 102,107 | $ 57,078 | $ 143,984 | 17.47% |
| 2026 | $ 79,759 | $ 94,680 | $ 107,155 | 12.58% |
| 2027 | $ 78,343 | $ 82,343 | $ 88,440 | 27.85% |
| 2028 | $ 76,257 | $ 104,810 | $ 139,061 | 13.45% |
| 2029 | $ 136,962 | $ 228,759 | $ 308,966 | 152.07% |
| 2030 | $ 141,409 | $ 157,958 | $ 216,727 | 76.82% |
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Conclusion
Bitcoin is enjoying its all-time high, as expected by its maximalists and those who seek alternatives to traditional investment options. However, it has also increased the greed surrounding the asset. If you plan to make a purchase, try to do maximum research before finalising the entry and exit points.
