Bitcoin is inching closer to the $100,000 per coin milestone after recording massive capital inflow and investor interest. Former US Secretary of State Hillary Clinton warned about the potential destabilization caused by cryptocurrencies, such as undermining traditional currencies and the role of the dollar as the reserve currency. However, since her remarks, Bitcoin has surged to $97,680, marking an increase of over 71%, with the asset attracting institutional investors and receiving backing from several countries. Analysts predict that the current bull run could lead Bitcoin to reach $135,000 by December 2024 and even $200,000 by 2025. However, caution is advised as momentum indicators suggest a potential short-term correction or consolidation.



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