Overview

• Bitcoin's recent rally has brought it close to its all-time high of $69,000, with some experts predicting it could reach as high as $200,000.
• Fidelity Investments suggests Bitcoin could gain another $500 billion in market cap, potentially pushing its value to $75,000.
• Institutional interest and the approval of Bitcoin ETFs by major financial institutions have contributed to the cryptocurrency's surge.
• The upcoming Bitcoin halving event is expected to further impact its value, with historical trends suggesting a significant price increase post-halving.
• Dogecoin and other meme cryptocurrencies have also seen notable gains, though Bitcoin remains the focus of institutional investors.