🔴The first cryptocurrency has hit a local minimum, falling below $64,000. In the last 24 hours, the asset has decreased by 2.9%. Following the flagship, the other assets in the top 10 by market capitalization have also entered the “red zone.”
🔴Earlier, analysts at Bernstein predicted Bitcoin to reach $200,000 by the end of 2025. This forecast is based on expectations of “unprecedented demand from spot exchange-traded funds (ETFs) backed by the first cryptocurrency,” managed by BlackRock, Fidelity, Franklin Templeton, and others.