Bitcoin’s Bullish Trajectory: Institutional Demand Sparks $210K Price Target by 2025

Despite a turbulent year for global markets, Bitcoin’s long-term potential remains robust, according to Peter Chung, head of research at Presto. In a recent CNBC interview, Chung reaffirmed his optimistic outlook, projecting Bitcoin could reach $210,000 by late 2025. He emphasized that current market volatility is not a setback but a natural phase in Bitcoin’s evolution as a mainstream asset. Chung also highlighted Bitcoin’s dual role as both a high-growth investment and a hedge against macroeconomic instability, further fueling institutional interest. As adoption grows and institutional demand intensifies, Bitcoin’s path to $210K appears increasingly plausible, solidifying its position as a cornerstone of the digital asset revolution.

Institutional Demand Fuels Bitcoin Optimism as $210K Target Looms

Despite a turbulent year for global markets, Bitcoin’s long-term potential remains unshaken, according to Peter Chung, head of research at Presto. In a CNBC interview, Chung reiterated his bullish stance, projecting Bitcoin could hit $210,000 by late 2025. market volatility, he argues, is not a setback but a necessary phase in Bitcoin’s maturation as a mainstream asset.

Chung highlighted Bitcoin’s dual role as both a high-risk growth asset and a SAFE haven during crises. Historical patterns, such as its performance during the Russia-Ukraine conflict and 2023 banking turmoil, suggest Bitcoin increasingly mirrors gold when traditional finance falters. This duality, he contends, will solidify further as institutional adoption grows.

Bitcoin Navigates U.S. Economic Data as Market Reaches Inflection Point

Bitcoin holds steady near $95,000 while altcoins show muted price action, as the cryptocurrency market digests fresh U.S. economic indicators. The JOLTS job openings report and Consumer Confidence data have injected new variables into the digital asset valuation matrix.

Labor market softness emerges as the JOLTS report reveals 7.192 million open positions - significantly below both the 7.5 million forecast and prior month’s 7.568 million figure. This cooling demand for workers coincides with shifting consumer sentiment that traditionally correlates with risk asset flows.

The dual economic releases create competing currents for crypto valuations. Bitcoin’s stability suggests institutional positioning ahead of macroeconomic uncertainty, while altcoins’ stagnation reflects typical consolidation during fundamental data events.

Bitcoin Price Prediction For May 2025: BTC To Hit $100k?

Bitcoin surged 27.62% in 20 days to reclaim $95,000 after April’s market turbulence, fueled by geopolitical tensions and regulatory delays. The rebound signals renewed institutional confidence in BTC’s short and long-term prospects.

Market volatility peaked as Trump’s tariff wars and global uncertainty drove Bitcoin to a monthly low of $74,436. The swift recovery underscores crypto’s resilience amid traditional financial headwinds.

Arizona Pioneers State-Level Bitcoin Reserve Legislation Amid Partisan Divide

Arizona has positioned itself at the forefront of U.S. states exploring cryptocurrency reserves as part of fiscal strategy, with Republican-led legislation clearing legislative hurdles. The bill’s fate now rests with Democratic Governor Katie Hobbs, who has vetoed numerous proposals this session.

The move could see Arizona’s Treasury outpace federal efforts to establish a Bitcoin reserve, a initiative championed during the Trump administration. State lawmakers approved the measure along party lines, reflecting the ongoing political divide over digital asset adoption in public finance.

Should the governor approve the legislation, Arizona would become the first state to formally integrate Bitcoin into its investment strategy for public funds. The development marks a significant milestone in institutional cryptocurrency adoption at the state government level.

Prosecutors May Drop Charges Against Samourai Wallet Founders Amid DOJ Policy Review

New York prosecutors are weighing whether to dismiss charges against Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill. A joint court filing reveals both parties requested a 16-day extension as the government evaluates its stance following a defense motion to dismiss the case.

The motion cites Deputy Attorney General Todd Blanche’s April 7 memo outlining new Department of Justice priorities for cryptocurrency enforcement. The National Cryptocurrency Enforcement Team (NCET) is reportedly reassessing its approach under these revised guidelines.

This development signals potential shifts in how regulators pursue privacy-focused crypto tools. The outcome could set precedents for wallet developers and the broader Bitcoin ecosystem.

Arizona Approves First U.S. Bitcoin Reserve, Eyes 10% State Investment

Arizona lawmakers have passed landmark legislation authorizing the state to allocate up to 10% of its treasury and pension funds into Bitcoin and other digital assets. Governor Katie Hobbs’ signature would establish the nation’s first state-level Bitcoin reserve, creating a potential blueprint for institutional crypto adoption in public finance.

The bills include provisions for a Strategic Reserve Fund for Digital Assets, designed to hold both seized cryptocurrencies and future allocations with transparent on-chain auditing requirements. At maximum capacity, Arizona’s $3.14 billion potential investment would position it as the second-largest public institutional Bitcoin holder in the United States.

This legislative move signals a watershed moment for cryptocurrency integration into government financial strategies. The initiative could accelerate broader institutional acceptance of digital assets as viable treasury reserve instruments.