Bitwise Crypto Asset Manager Bitwise believes Bitcoins (BTCThe price of ) is on target to reach its 2025 goal.
Matt Hougan of Bitwise, and Ryan Rasmussen from Bitwise double down in a recent report. prediction Bitcoin is expected to reach $200,000 in the next six months. This represents an increase of more than 88% from its present value.
“It’s been a mixed year for crypto asset prices…
However, we’re confident that the second half of 2018 will be very successful. A combination of the progress made in D.C. regarding crypto legislation and a growing demand by institutional investors to have crypto exposure, as well as extreme bullishness surrounding stablecoins is creating an environment that’s conducive for strong gains.
We’re sticking to our BTC $200k prediction because there is too much demand from institutions for BTC for prices to remain flat.”
Ethereum may also be boosted by bullish catalysts.ETHSolanaSOL) in the second half of 2025. They are unsure if ETH or SOL will reach new all-time heights.
“We’re less confident on ETH and SOL, but hope that rising interest in stablecoins, ETF (exchange-traded fund) approvals and the emergence of ETH and SOL treasury companies can drive prices substantially higher.”
Bitcoin was trading at $105,996 as of the time this article is written, down by 1.5% from its previous 24 hour high.
ETH was trading for $2.423, down 2% in one day. SOL traded at $147 during the same time period, a 6.8% drop.
Analysts also predict that the top US crypto-exchange Coinbase’s share price will surpass Charles Schwab in value at some point, although it is unlikely that this would happen within the year.
“COIN’s stock has done well, doubling Schwab’s market return (44% against 22% for the old-school brokerage)…
Schwab stock is doing better than expected. “As a result of the difference between Coinbase’s ($90 billion) value and Schwab’s ($164 trillion) value, it is unlikely that this gap can be crossed by year’s end.”
COIN was trading at $337 when this post was published.
The executives also remain committed to the prediction that tokenized assets will exceed $50 billion in this year.
“Tokenized RWAs were a $13 billion market at the start of 2025. Today, they’re at roughly $25 billion. We think adoption here will accelerate in H2.”
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Source: dailyhodl.com
