Bitcoin's volatility has decreased significantly, dropping to around 27-28% as of June 23, less than that of major US stock indexes amidst escalating tensions between Iran and Israel. Long-term holders now possess a record 14.53 million BTC, representing almost 70% of the maximum supply of 21 million. Analysts predict Bitcoin's price will continue rising, with projections reaching as high as $150,000 by the end of 2025. Despite recent geopolitical tensions causing a 6% drop in BTC over a weekend, its price movements have been more stable compared to stocks like the S&P 500 and the tech-heavy Nasdaq. This change in volatility suggests that Bitcoin is maturing as an asset class, with concentrated ownership by a few centralized entities stabilizing its supply and price.

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