The article discusses how Bitcoin has reached new highs due to increased interest from institutional investors and a positive market outlook. Investment management firm VanEck projects a price target of $180,000 for Bitcoin in the current bullish cycle. The rise in Bitcoin's value is attributed to institutional inflows and favorable market conditions. The cryptocurrency market as a whole, including altcoins and meme coins, has also seen significant activity, pushing the total market cap above $3 trillion. Regulatory changes in the US have contributed to the positive sentiment, with government support and pro-crypto policies creating a conducive environment for Bitcoin's growth. VanEck expects these policies to drive Bitcoin to multiple all-time highs in the next two quarters. The ongoing rally reflects significant interest from retail investors and the derivatives market, with on-chain factors supporting the asset's upward trajectory.



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