Why experts think bitcoin is at a ‘pivotal moment'
Bitcoin 's price surged to an all-time high of over $110,000, a nearly 50 per cent increase since April, surpassing its previous record.
Favorable market conditions, including de-escalation of the US-China trade war, lower interest rates, and increased global liquidity, contributed to the rally.
Nigel Green, CEO of global financial advisory firm deVere Group, said bitcoin is at a 'pivotal moment' due to political momentum and retail resurgence.
Other cryptocurrencies like Ethereum, Solana, Dogecoin, and Cardano have also seen price increases.
Crypto analysts are revising their 2025 price predictions, with some suggesting Bitcoin could reach $175,000 or higher.
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