Bitcoin's surge past $113,000 is driven by ETF inflows, corporate adoption, and a favorable regulatory environment, with projections reaching $140,000 this year.
Bitcoin (BTC) achieved a new record high of $113,313, marking a 3.7% increase over 24 hours. This rise is attributed to strong ETF inflows, corporate adoption, and a favorable regulatory climate. Analysts predict potential price targets of $140,000 or higher in 2025. The broader market also saw gains, with Ethereum (ETH) surpassing $2,800 and XRP increasing by 3.5%.