Bitcoin Still to Hit $200K in 2025, Despite Trump Tariff Unrest: Analysts
Despite recent market turmoil caused by President Donald Trump's tariffs, analysts from Bitwise and Standard Chartered remain optimistic about Bitcoin's future. Bitwise's head of research, Ryan Rasmussen, asserts that their year-end price target of $200,000 for Bitcoin stands firm, suggesting that as market fears settle, the price will rebound. Over the past few months, Bitcoin has outperformed traditional assets, which has contributed to a positive outlook among industry experts. Analysts note that Trump's tariffs are seen not just as economic pressure but as a potential negotiating tool, which could lead to a swift market recovery if handled strategically by the administration. Other analysts predict Bitcoin could reach $110,000 in the near term, depending on economic conditions and the Federal Reserve's monetary policy. Despite the current volatility, sentiment surrounding Bitcoin's long-term potential remains strong, with industry leaders highlighting positive developments including significant investments from the U.S. government aimed at accumulating more Bitcoin.
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