In 2024, the crypto market experienced significant progress, especially striking in Q3. Notably, Bitcoin's price hit a historic milestone of $100K, energizing the crypto community. The increase is attributed to specific external factors that came into play during this period. Enthusiasts and analysts alike are speculating whether Bitcoin could potentially reach the $200K mark by 2025. This leads to discussions on the broader implications for the market and what developments might influence such surges going forward. With Bitcoin often leading the charge in crypto market trends, understanding its journey to this valuation is crucial.
