Bitcoin: The Gemini AI model predicts a price increase to $250,000

Bitcoin - the leader of the crypto sector - continues to dominate investors' interest, after its price rose to an all-time high of $126,080 on October 6.

If the U.S. Securities and Exchange Commission (SEC) successfully launches Project Crypto, which aims to update securities laws to better align with digital assets, or if the strategic Bitcoin reserve for the U.S. proposed by Donald Trump is implemented, the price of Bitcoin could rise to $150,000 by 2026.

Even without regulatory catalysts, Bitcoin's performance this year alone suggests a chance to reach $150,000 before the new year.

Chart of the BTC/USD pair

As it represents the foundation of the entire crypto tech system, Bitcoin continues to attract the attention of major institutional investors and small investors who see the currency as a hedge against inflation, considering it as 'digital gold'.

Currently, Bitcoin's market capitalization represents about $2 trillion of the total crypto market value of $3.5 trillion.#Binanceholdermmt #ZILUSDT #GamingCoins $GRT $BTC $BNB

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72,724.07
+2.39%
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675.88
+3.10%