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Cryptocurrency News Articles

Bitcoin (BTC) Is Currently Attempting to Surpass Its Previous High of $109,000

May 07, 2025 at 04:10 pm

Bitcoin (BTC) is currently attempting to reach its previous high of $109,000, after a significant rise from $74,000 to $93,000. Recent market analysis suggests that macroeconomic factors will be the main trigger in positioning Bitcoin (BTC) as an inflation hedge.

One analyst has compared the growth of Bitcoin (BTC) to Amazon (AMZN) stock which has grown from $1 to $230 from the beginning of 2000 to 2025.

Despite some price downturns, Amazon (AMZN) showed resilience and the ability to overcome various challenges and extensive market liquidation. This trait of strength is also seen in Bitcoin (BTC), which has bounced back several times from major crashes due to exchange failures and crypto crackdowns.

According to Matt Hougan, Chief Investment Officer at Bitwise, the traditional four-year cycle of Bitcoin (BTC) is over. Now, economic factors are the main driver of this cycle, rather than Bitcoin block reward halving events.

Bitcoin Archive revealed that this situation could align Bitcoin’s (BTC) long-term growth with Amazon’s (AMZN) in the next 20 years. Other analysts, such as Vijay Boyapati and Gregγοry Sonnen нагрев, assert that the four-year cycle is indeed over, and Bitcoin (BTC) is now influenced by broader macroeconomic forces.

Bitcoin’s (BTC) supply shortage is in the spotlight as only 165,000 BTC is expected to be mined by 2025. However, in the first quarter of 2025, a total of 95,000 BTC has been acquired by institutional investors.

Among them are BlackRock (NYSE:BLK) which applied for an application for a Bitcoin ETF, and Gracy Chen, Managing Director and CEO of Bitget, predicts that the market capitalization of Bitcoin (BTC) will surpass that of gold by 2025.

Currently, the market capitalization of gold is about $22.6 trillion, while Bitcoin (BTC) is only about $1.86 trillion.

With various predictions and analyses describing a bright future for Bitcoin (BTC), the asset looks set to continue to grow and possibly surpass gold in terms of market capitalization. This growth not only shows the potential of Bitcoin (BTC) as a digital asset, but also as an investment tool that is increasingly recognized on a global level.

The post Bitcoin (BTC) Price to Surpass $109,000? Macro Factor to Trigger BTC’s Last Move! appeared first on Pintu News.

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