From Zacks Investment Research: 2025-02-13 19:00:07

Bitcoin continues to be optimistic despite recent fluctuations, surging 111% in 2024. President Trump’s tariffs on China add uncertainty to the market, but strong fundamentals support a future rally. Trump’s formation of a crypto task force and appointment of pro-crypto regulators fuel investor optimism. A strategic Bitcoin reserve for the U.S. could double the asset’s value by 2025. Institutional interest is growing, with Goldman Sachs increasing its Bitcoin ETF holdings. A sovereign wealth fund may include crypto investments, potentially boosting Bitcoin prices to $700,000. Consider ETFs like IBIT, GBTC, FBTC, ARKB, and BITB for exposure to digital currencies.



Read more at Zacks Investment Research: Bitcoin Optimism to Defy Tariff Volatility Ahead: Crypto ETFs in Focus – February 13, 2025