Daily Crypto Wrap: Key Updates

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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker, and the co-founder of World Liberty Financial pushes back against US lawmakers' attempts to probe potential conflicts of interest involving the president. Meanwhile, a new report reveals that 90% of institutional players are either using or planning to use stablecoins.

Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker
Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.

Speaking in a recent interview, Melker cited growing institutional interest and diminishing volatility as key factors that could drive the next leg up.

“250K this year, totally possible,” Melker said, adding that Bitcoin’s volatility has declined significantly in recent years.

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