Bitcoin To Cross $100,000 By Early 2025, Bitwise Chief Investment Officer Predicts
Portfolio Pulse from Murtuza Merchant
Bitwise CIO Matt Hougan predicts Bitcoin could surpass $100,000 by 2025, driven by institutional adoption and ETF inflows. He highlights Bitcoin's lighter regulatory burden and its role as a hedge against inflation. Hougan expects new all-time highs this year, with institutional involvement and fixed supply dynamics as key drivers.
October 30, 2024 | 6:29 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Bitwise CIO Matt Hougan predicts Bitcoin could surpass $100,000 by 2025, driven by institutional adoption and ETF inflows. He highlights Bitcoin's lighter regulatory burden and its role as a hedge against inflation. Hougan expects new all-time highs this year.
The prediction of Bitcoin surpassing $100,000 by 2025 is based on increasing institutional adoption and ETF inflows, which are significant factors for price appreciation. The lighter regulatory burden compared to other digital assets and its role as a hedge against inflation further support a positive outlook. The expectation of new all-time highs this year adds to the short-term bullish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100