Standard Chartered projects a $200,000 Bitcoin price target in 2025. Analyst Tom Lee of Fundstrat Global Advisors predicts Bitcoin will hit $250,000 in 2025. In June, Lee suggested that Bitcoin could reach $3 million longer term.

Bitcoin (BTC-USD) gained 0.6% to $118K in Wednesday morning trading, lifting crypto-related stocks, after President Donald Trump said he persuaded some conservatives that were blocking a vote on crypto legislation to let the bills proceed.

Valentin Fournier, the lead research analyst at BRN, called the slowdown in bitcoin inflows a sign of weaker buyer conviction at elevated levels. Today's consumer price index and Wednesday's producer price index could set the tone for the next price move, he said.

Bitcoin just broke through $123,000, setting a new all-time high. Follow live updates as BTC enters price discovery, short sellers get crushed, and altcoins begin to stir. Get real-time analysis, expert commentary,

The cryptocurrency has extended its rally as lawmakers consider legislation that would bring digital tokens further into the mainstream.

As the U.S. government mulls over the future of crypto regulation during its self-proclaimed “crypto week,” investors are also looking toward a potentially bright future for cryptocurrencies — through their portfolios.

Branded "crypto week," the House of Representatives is expected to look at three bills that the crypto industry is hoping will establish comprehensive rules for the sector. Some c

"We sold all our Bitcoin and we did this raise. I actually personally participated in that raise myself with my own savings," Tabar explained to CNBC this week. Bit Digital shares are trading about 82% higher since that raise, which is a win for him and Tether co-founder Brock Pierce who also participated in the round, according to SEC filings.