Bitcoin's price has been experiencing fluctuations lately. As of March 15, 2025, Bitcoin's current price is $84,372.92, with a slight decrease of 0.05%. However, it's worth noting that Bitcoin, along with other cryptocurrencies like XRP and Solana, has shown signs of bouncing back after a market downturn.
The recent downturn was largely attributed to President Trump's tariff twists and recession fears, which led to a risk-reducing attitude among investors . Despite this, some experts believe that Bitcoin's volatility is comparable to that of major tech stocks, and that its role as an inflation defense and defensive asset will continue to attract investors.
In fact, Ferdinando Ametrano, managing director of CheckSig, predicts that Bitcoin will reach $140,000 in the next 12 months, driven by the gradual entry of European financial players into the crypto universe. However, it's essential to keep in mind that investing in Bitcoin comes with risks, and investors should be aware of regulatory uncertainty, liquidity shocks, and market volatility.
