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Bullish options pricing and renewed ETF inflows have analysts calling new highs for the largest cryptocurrency.

At its recent price of about $106,000, Bitcoin (CRYPTO: BTC) is obviously a long way from $200,000. Bitcoin, while no longer a speculative asset, is still one that many investors, especially those in major financial institutions, consider risky. This is one reason Bitcoin's price is correlated with the movement of stocks.

Mining fundamentals are strong with the cost to mine around $27,000 per bitcoin for larger participants, the report said.

The one cryptocurrency on my radar right now is Solana (CRYPTO: SOL), which jumped more than 50% between Jan. 12 and Jan. 17. There are several catalysts for Solana in 2025, and all of them are setting up this cryptocurrency for rapid growth over the coming years. First and most importantly, Solana has emerged as the premier blockchain challenger to Ethereum (CRYPTO: ETH).

Dogecoin (DOGE) saw a significant 13% price jump in just 15 minutes on Jan. 21 after the launch of the U.S. Department of Government Efficiency’s official website.

Osprey Funds and Rex Shares have filed with the U.S. Securities and Exchange Commission (SEC) to launch several new cryptocurrency exchange-traded funds (ETFs).

Bitcoin mining difficulty has surged to a new all-time high of 110.45 trillion after eight consecutive positive adjustments.