Political shifts in the U.S. have significantly boosted the Bitcoin market, which reached the $100,000 milestone soon after Donald Trump's presidential victory. Yet, the slowed growth at the start of 2025 raises questions about the future of this digital asset.
Bitcoin as the New Gold?
Last year, Bitcoin significantly outperformed gold by more than twofold. However, in 2025, the so-called digital gold struggled to maintain its growth pace in the first quarter. Nevertheless, analyst Tom Lee predicted that Bitcoin would outperform the gold market this year.
Current Bitcoin Performance
At the beginning of 2025, Bitcoin was priced at $93,536.41, showing moderate growth of 9.54% in January. However, in February, the market saw a significant decline of 17.55%. In March, Bitcoin's price has not yet fully recovered despite early month gains.
Lee's Bold 2025 Predictions
According to Tom Lee, Bitcoin might hit $150,000 in 2025. While Lee is a respected figure in the financial sector, his past Bitcoin predictions have occasionally missed the mark.
Bitcoin remains one of the prominent digital assets in the spotlight. Despite market instability, expert predictions remain optimistic about its growth. However, investors should be mindful of the potential risks and volatility in the cryptocurrency market.