Bitcoin 
$68,561 surged over $107,000 on Monday, reaching a new record level after U.S. President Donald Trump raised the potential for a strategic BTC reserve. The largest cryptocurrency globally, Bitcoin, climbed to $107,793 and showed a 3.64% increase at the time of writing, signifying strong market interest.
Trump’s BTC Reserve Proposal
Investor confidence increased following MicroStrategy’s announcement that it would join the tech-heavy Nasdaq 100 index. This move is anticipated to attract more investment flow into the software company that has been purchasing Bitcoin.
VanEck’s 2025 Price Predictions
VanEck forecasts that Bitcoin could reach $180,000 by 2025, indicating potential growth in the cryptocurrency market. Russia is also considering establishing strategic cryptocurrency reserves, with President Vladimir Putin noting that many countries are looking for alternative reserves as the current U.S. administration weakens the dollar’s status.
Federal Reserve Chairman Jerome Powell compared Bitcoin to gold, while Chris Weston, head of research at Pepperstone, expressed skepticism about the immediate establishment of a BTC strategic reserve. Matthew Sigel, head of digital asset research at VanEck, predicted a 30% pullback for Bitcoin after its initial peak, suggesting more significant declines for altcoins.
As Bitcoin’s rise is supported by possible favorable regulations and strategic reserve plans from the Trump administration, market experts evaluate its long-term effects on the cryptocurrency market.
