Bitcoin has reached a new record high, fueled by growing expectations of Federal Reserve interest rate cuts, sustained institutional investment, and pro-crypto moves by the Trump administration.
According to IG market analyst Tony Sycamore, a “sustained break above $125,000 could propel BTC to $150,000,” signalling further upside potential for the world’s largest cryptocurrency.
Bitcoin’s 2025 Rally Driven by Regulatory Wins
So far in 2025, Bitcoin has surged nearly 32%, boosted by long-awaited regulatory victories for the crypto sector since President Donald Trump returned to the White House.
Trump has openly embraced the industry, calling himself the “crypto president” and backing several measures to expand access to digital assets. His administration’s latest executive order allows crypto assets in 401(k) retirement accounts, creating new opportunities for investors and signaling a friendlier regulatory climate in the United States.
Other key developments this year include:
- The passage of stablecoin regulations.
- U.S. Securities and Exchange Commission (SEC) reforms to better accommodate cryptocurrencies.
Crypto Market Cap Surges Past $4 Trillion
The crypto market capitalisation has climbed to $4.18 trillion, up from about $2.5 trillion in November 2024, when Trump won the U.S. presidential election, according to CoinMarketCap data.
This surge reflects growing investor confidence and broader adoption across the asset class, despite concerns over Trump’s tariff policies.
Impact on Asset Managers and Retirement Accounts
The executive order expanding crypto access in retirement savings could benefit major asset managers like BlackRock and Fidelity, which operate crypto exchange-traded funds (ETFs).
However, experts caution that cryptocurrencies are far more volatile than traditional assets such as stocks and bonds. While the move could diversify retirement portfolios, it also introduces higher risk.
Bitcoin Price Outlook
With strong institutional buying, a favourable U.S. policy stance, and expectations of monetary easing by the Federal Reserve, analysts see the possibility of Bitcoin testing the $150,000 mark in the near term.
