Market Update: Bitcoin Reaches New Milestone, VanEck Predicts Return to Historical Highs

A significant week in cryptocurrency has come to a close, with various major developments that have shaped the market's trajectory.

VanEck executive made a notable prediction that Bitcoin could return to its historical highs within 12 months. This statement has sparked interest among investors and traders alike, who are now eagerly anticipating the outcome.

Meanwhile, Iran has responded to the US proposal to end the war through Pakistan. The development comes at a critical time as tensions between the two nations continue to escalate.

The Bitcoin market cap has surpassed that of Tesla, catapulting it into 12th place in global asset rankings. This significant milestone marks a major achievement for the cryptocurrency and its growing recognition among investors.