An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.
Bitcoin’s price could surge to $160,000 in 2025, bolstered by improving macroeconomic conditions and easing global monetary policies, according to a report from crypto services provider Matrixport.
Bitcoin (BTC) surpassed the $100,000 high for the first time on Dec. 6, in a long-awaited milestone for crypto history.
In a bullish signal for the Bitcoin price, the European Central Bank (ECB) lowered its key interest rates by 25 basis points to 3% on Dec. 12 in an effort to increase investment and economic activity in the region.
