Bitwise CIO predicts Bitcoin will reach $200,000 by year-end
According to ChainCatcher, as reported by Bitcoin.com News, Bitwise Chief Investment Officer Matt Hougan recently stated in an interview with CNBC that he expects Bitcoin to reach $200,000 by the end of 2025, noting that the current rally is driven by structural factors and is likely to last for years.
Hougan emphasized that institutional capital continues to flow in, while the daily new supply of Bitcoin is only 450 coins, resulting in a severe supply-demand imbalance. He believes the market is entering a new phase where “demand consistently exceeds supply,” and this dynamic will drive BTC’s long-term growth.
He also stated that favorable policies, legislative progress, institutional adoption, and macroeconomic uncertainty together form a “rare confluence” for Bitcoin, which is the fundamental driver behind the current rally.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
