Bitcoin (BTC) has once again demonstrated its dominance in the cryptocurrency market, surpassing the $117,000 mark as of August 22, 2025. This rise, a 3.67% gain, signals renewed investor confidence amid ongoing macroeconomic uncertainties. Experts suggest that Bitcoin’s fixed supply continues to make it an attractive hedge against inflation, driving institutional investors to increase their allocations.
Additionally, crypto asset manager Bitwise forecasts Bitcoin’s price to reach an astonishing $1.3 million by 2035, fueled by institutional adoption, inflation-hedge demand, and its finite supply. Despite ongoing risks from regulatory changes and market volatility, Bitcoin’s long-term growth potential remains strong according to their analysis.
Market watchers are noting that Bitcoin’s historic four-year price cycles may be less relevant moving forward; however, investors should still prepare for significant short-term fluctuations. The nexus of regulatory clarity and broader adoption continues to support Bitcoin’s strong performance into mid-2025.