Bitcoin Eyes $120K as Institutional Demand and Policy Shifts Drive Market Momentum

Bitcoin is approaching a significant milestone, with prices nearing $94,000 amid a surge in institutional interest and favorable policy developments. Standard Chartered analyst Geoff Kendrick predicts that Bitcoin could reach a new all-time high of $120,000 in the second quarter of 2025, driven by several key factors.

Key Drivers Behind Bitcoin’s Surge

1. Institutional Investment and Safe-Haven Appeal

Economic uncertainties, including rising tariffs and concerns over Federal Reserve independence, are prompting investors to seek alternatives to traditional assets. Bitcoin is increasingly viewed as a superior safe-haven asset compared to gold, as evidenced by recent ETF flows shifting from gold to Bitcoin. ​

2. U.S. Policy Developments

President Trump’s decision to delay tariffs has renewed investor interest in Bitcoin, with the cryptocurrency outperforming tech stocks since reaching a 2025 low of $76,000 on April 8. Additionally, upcoming SEC 13F filings are expected to reveal increased Bitcoin holdings by pension and sovereign wealth funds. ​

3. Regulatory Support for Stablecoins

The advancement of stablecoin-specific bills like the STABLE Act and GENIUS Act in Congress, along with President Trump’s vocal support for cryptocurrency, signal a more favorable regulatory environment. Stablecoins are seen as essential for maintaining dollar dominance in a digital economy and enabling fast, secure payments.

Market Snapshot

• Bitcoin (BTC): $93,783.00
• Ethereum (ETH): $1,761.01​

Bitcoin’s price is currently at $93,783.00, with a slight decrease of 0.00149% from the previous close. Ethereum is trading at $1,761.01, down 0.01966%.​

Outlook

Analysts maintain a bullish year-end price forecast of $200,000 for Bitcoin, underlining confidence in its upward trajectory. The combination of institutional adoption, favorable policy shifts, and regulatory support is creating a conducive environment for sustained growth in the cryptocurrency market.​

As the market continues to evolve, investors should monitor these developments closely to capitalize on emerging opportunities.​