$BITCOIN remains the leading cryptocurrency, moving in sharp boom-bust cycles. It rose from about $29K (2020) to $46K (2021), fell to $16.5K (2022), then climbed past $120K in 2025 on the back of spot $ETFT.ETF nflows and institutional demand.
Drivers: $ETFT.ETF #UKFCAWinsCourtOrderToRecover851400Pounds flows, post-halving supply tightness, interest-rate expectations and regulation.
Risks: high volatility, macro shocks and policy changes. Drawdowns of 50% or more have happened before.
Outlook: cautiously bullish long term, but expect swings.
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