Bitcoin has broken a new record and is now trading at $111,196, having passed its January 2025 peak of $109,500. The rise, which began in the context of Donald Trump’s crypto-friendly presidency, has been boosted by regulatory tailwinds and institutional interest.
Christopher Kock, co-founder and CEO of Virtune, highlights Bitcoin’s growing role as a safe haven, like gold, in times of economic uncertainty. According to Kock, quoted by EFN, the price rise is being driven by institutional investors such as BlackRock and Fidelity, which are increasingly diversifying into Bitcoin.
He argues that the decentralized nature and limited supply of the cryptocurrency make it attractive, especially in a world of global instability. Kock believes that even small allocations from large players can drive the price up significantly more.
Despite the optimism, the volatility of the market is emphasized. Kock and other experts warn that speculation could lead to sharp corrections, although Bitcoin’s long-term potential as a digital asset is bolstered by growing confidence.
