Bitcoin peaks at $160,000: in a recent report, russian investors predict that Bitcoin won’t reach $200,000 this cycle. analysts anticipate a peak of $160,000, considering recent federal reserve rate cuts and inflation concerns driving investments in Bitcoin. the surge past $100,000 has heightened market excitement but with caution.

Institutional investment spikes: institutional investors like microstrategy are boosting Bitcoin’s value. microstrategy recently purchased 15,400 BTC for 1.5 billion USD, increasing its total holdings to about 402,100 BTC. Bitcoin ETFs are also rising, almost reaching 113 billion USD in net assets, which reflects growing confidence and interest in Bitcoin investments.