By crossing the previous ATH at $ 109,588 on Binance, the Bitcoin course scored a new historic summit. After starting the year 2025 in the red, the BTC finally managed to bounce back and find a positive trajectory. Again, the king of cryptocurrencies showed all his resilience in a context of uncertainty at the macroeconomic level. Will the BTC continue to break all the records? We take stock!
Bitcoin in full ascent despite an uncertain macroeconomic context
At the start of the year, bitcoin, altcoins and financial markets in general were collapsed following the announcements made by D. Trump about customs prices. Bitcoin fell under the 80 000 $ and Ethereum dropped him under the psychological bar of 2 000 $. Then, the bitcoin and the cryptos found colors on the background ofagreements between the United States and China. Indeed, the two major powers have found common ground in lowering their customs duties. However, the agreement is concluded for 90 days, and if no final agreement is reached, customs duties could be enhanced. In addition, the American Federal Reserve (Fed) has chosen to Maintain interest rates between 4.25 % and 4.5 %despite Trump's calls in favor of a rate reduction. Although the markets have to face uncertainties, the Bitcoin recorded a new ATH Faced with the dollar.
Towards a third year in a row in the positive for King Bitcoin?
Since 2023, the Bitcoin course has posted impressive performance. Indeed, he closed 2023 and 2024 in the green, with respective performances of 156,5 % and 118,7 %.
Annual Bitcoin performance since 2011. Source: cryptocurrency. Bitcoin prices tends to record Three years in a row positive during Bull Runthis is in any case what we observed during the two previous cycles. If the BTC were to score more than 100 % increase -as in 2023 and 2024 -, the course could exceed $ 180,000. A level which seems high, and which can only be reached if the institutional actors maintain sustained demand On investment products linked to cryptocurrencies, such as ETF ETHEREUM and Bitcoin cash. After a difficult start to the year, the Bitcoin course ultimately exceeds its ATH. The BTC has therefore erased all the drop linked to customs prices, and the euphoria is back on the cryptocurrency market. If institutional demand remains important, and macroeconomic conditions continue to improve, the BTC could experience significant upward volatility. Arthur Hayes, the former Bitmex CEO, is rather optimistic, because he believes that it is necessary to «buy everything».