KULR Technology predicts $200K Bitcoin price after buying $97K dip

Emerging crypto regulation and the US Federal Reserve’s monetary policy path will be the main drivers of Bitcoin’s price trajectory in 2025, Binance Research told Cointelegraph.

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Bitcoin may reach a $200,000 peak during the 2025 market cycle, according to New York Stock Exchange-listed KULR Technology Group, which bought millions worth of Bitcoin during the correction.

KULR Technology Group bought over $21 million worth of Bitcoin (BTC) at the average price of $97,391 on Jan. 6, according to an announcement shared with Cointelegraph. 

The $21 million purchase occurred hours before Bitcoin reclaimed the $100,000 mark for the first time since Dec. 19, Cointelegraph Markets Pro data shows.

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