Bitcoin's price has surged past $100,000 in 2025, fueled by significant institutional adoption and regulatory clarity. The U.S. SEC's approval of spot Bitcoin ETFs has played a crucial role in enhancing investor confidence, leading to over $50 billion in ETF inflows. Additionally, global adoption has expanded to over 300 million users. The 2024 Bitcoin halving event, which reduced the cryptocurrency's supply, has further supported its price growth, reaching $105,000 by the third quarter of 2025. This milestone reflects the growing acceptance and integration of Bitcoin in the global financial system.