Analysts: Due to the continuous rise in Money Supply, BTC may be pushed up to $132,000 before the end of the year.

DailyNews
BTC1,47%
TRUMP-2,46%

Odaily News On April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion goods trade deficit. This move caused the S&P 500 index to experience a big dump of 9.7% over two days, with a market capitalization evaporating by $5.4 trillion, creating the largest historical drop, surpassing the $3.3 trillion record during the pandemic crash in March 2020. The Nasdaq 100 index’s tech stocks were severely impacted, with the single-day drop reaching a record since 2022. Bitcoin’s drop during the same period was only 3.7%, maintaining the key support level of $82,000. Analysts are confident about Bitcoin’s potential for growth for the remainder of 2025. Jamie Coutts, Chief Crypto Analyst at Real Vision, stated that the continuously increasing money supply could push Bitcoin’s price above $132,000 by the end of 2025. (Cointelegraph)

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)