Crypto Market Valuation Soars to $1.45 Trillion & Bitcoin Price Prediction hits $130,000
Bitcoin, the leader in the world of cryptocurrencies, has set a ‘Bitcoin record’ by witnessing a price increase to $38,400. This significant achievement can be attributed to various factors, including the expected approval of the BlackRock Bitcoin Spot exchange-traded fund (ETF) and rumors surrounding BlackRock’s impact on Bitcoin’s price through substantial buying pressure on Coinbase. This record-breaking achievement has not only elevated Bitcoin’s value but also led to a rise in other prime cryptocurrencies within the Top 100. The overall market cap of the cryptocurrency world now sits at a noteworthy $1.5 trillion. ‘Crypto Rover’, a crypto specialist, credits Bitcoin’s surge to the potential effects of the soon to be launched BlackRock Bitcoin Spot ETF within the next 45 days. Looking forward, distinguished crypto analyst ‘Crypto Con’ has produced a Bitcoin price prediction (in late 2025) of $130,000 as the next most probable target, also known as Layer 6. Despite Bitcoin’s recent setback after reaching its new annual high, it continues to trade strongly at $37,800.
