#MarketNewHype

The Bitcoin price surged 3% in the last 24 hours to trade at $103,676 as of 11:19 p.m. EST on trading volume that soared 56% to $85.8 billion.

The BTC price pump took the king of cryptos to a new all-time high (ATH) of $106,352 before it pared gains.

According to PlanB, the creator of the stock-to-flow model, the BTC price could average around the $500,000 valuation across 2025, perhaps even surging to as high as $1 million.