Bitcoin approaches $100,000 as analysts predict continued rally into 2025

Bitcoin is nearing $100,000 after reaching a new all-time high, driven by a rally that began with Donald Trump's election win. Analysts suggest this surge may continue into 2025, fueled by anticipated pro-crypto policies. Trump's administration is expected to attract more institutional investors, especially following the approval of spot bitcoin exchange-traded funds. This shift could help establish bitcoin as a mainstream asset and a hedge against inflation. While optimism grows, experts caution that bitcoin's price may not rise steadily. Historical trends show that peaks are often followed by volatility, but some believe Trump's policies could lead to greater market stability in the future.