Bitwise CIO: Bitcoin Expected to Surpass $200,000 by Year-End
BlockBeats News, July 11 — Bitwise CIO Matt Hougan stated that the rise in Bitcoin’s price is mainly due to increased demand and limited supply, as well as significant purchases by companies and ETFs. He expects Bitcoin to surpass $200,000 by the end of the year, with accelerating inflows from institutions and corporations driving a substantial price surge.
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
Overview of Major Overnight Developments on November 22
US SEC approves listing and trading of Bitwise 10 Crypto Index ETF on Arca
Tensor Foundation acquires Tensor Marketplace and Tensorians NFT collection from Tensor Labs
Trending news
MoreCrypto prices
More
