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Venture capitalist Tim Draper has reaffirmed his bold prediction that Bitcoin will hit $250,000 by the end of 2025. He cites political, regulatory, and institutional drivers as key catalysts for this surge. Draper even suggests the US dollar could vanish within a decade as Bitcoin takes over.
- Draper's $250K Bitcoin prediction is backed by political catalysts, including Trump's push for a Truth Social Bitcoin ETF and regulatory clarity via the GENIUS Act.
- Institutional adoption is accelerating, with JP Morgan allowing Bitcoin as collateral and Michael Saylor’s MicroStrategy holding $61B in BTC.
- Technological upgrades like Lightning Network and Bitcoin Layer 2 solutions are enhancing scalability, positioning BTC as a viable alternative to traditional finance.
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