From Yahoo Finance: 2025-05-20 06:15:00

Bitcoin may not hit a new high soon due to economic pressures. It’s acting more like a tech stock than digital gold. Adoption is key for long-term success as a store of value or for international money transfers. The $100,000 mark was surpassed, but no new high has been set. Bitcoin’s price dipped slightly post-trade deal with China. Bitcoin is seen as a hedge against a falling dollar but is extremely volatile compared to the S&P 500 and gold. There’s a significant correlation between Bitcoin’s performance and tech stocks, but it could transition to mainstream with ETFs and institutional adoption. Some speculate Bitcoin could surpass $220,000, but economic uncertainties may hinder that. Analysts see potential for Bitcoin to reach $1 million by 2030 through adoption in emerging markets, international remittance, and as digital gold. Regulation and technology advancement are vital for Bitcoin’s future success. Quantum computing poses a risk to Bitcoin’s security. Consider Bitcoin’s challenges and risks before investing. Stock Advisor’s top 10 list excludes Bitcoin, offering alternative stocks with potential for high returns. Stock Advisor has outperformed the S&P 500 significantly. Join to access the latest top 10 list. Emma Newbery has no position in the stocks mentioned, The Motley Fool has positions in and recommends Bitcoin.

Read more: Bitcoin’s Price Just Passed $100,000. Here’s What Might Happen Next.