Bitcoin has surged to significant highs, propelled by factors such as spot Bitcoin exchange-traded funds (ETFs) and government support. By mid-2025, U.S. Bitcoin ETFs had net inflows of $14.8 billion. Predictions suggest that a $1 million valuation is plausible due to Bitcoin's limited supply, increasing institutional investments, and rising global crypto adoption. However, for Bitcoin to reach this target, its market cap needs to exceed $21 trillion, which would require more institutional buy-in and widespread global adoption among 20%-40% of the population. If Bitcoin hits $1 million, early investors stand to gain tremendously, while latecomers may face financial disparity and potential losses. Additionally, Bitcoin's future is threatened by quantum computing, which poses risks to its encryption and security. Transitioning to quantum-resistant strategies is a key concern that could necessitate extensive changes to Bitcoin's infrastructure.

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