Bitcoin market value drops significantly as Federal Reserve announcement impacts US stock market. Analysts optimistic about Bitcoin reaching $250,000-$800,000 by 2025.
Bitcoin (BTC) reached a record high of over $108,000 on December 17th, but then plummeted to $97,621, losing about $180 billion of its market value. The market value of this digital currency decreased from $2.14 trillion to $1.93 trillion. This decline was mainly influenced by the recent announcement by the Federal Reserve Committee, which also led to a $1.5 trillion drop in the US stock market. However, analysts are optimistic for 2025; Tom Lee targets $250,000, Robert Kiyosaki $350,000, and Perianne Boring has even raised the possibility of reaching $800,000.
