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Bitcoin surged to a new all-time high of $109,565, fueled by renewed investor optimism and bullish forecasts from industry leaders. Experts predict even greater gains, with some projecting prices exceeding $200,000 by 2025.
- Bitcoin's rally to $109,565 marks a 46% rebound from its April low, driven by institutional demand and macroeconomic factors.
- Standard Chartered and Bernstein both project Bitcoin hitting $200,000 by 2025, citing institutional inflows and strategic asset reallocation.
- High-profile predictions range from Adam Back's $1M cycle peak to Larry Fink's $700K long-term outlook, highlighting divergent but overwhelmingly bullish sentiment.
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