Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
21Shares Analyst: Weak US Inflation Data Could Push Bitcoin to $200,000 by Year-End

21Shares Analyst: Weak US Inflation Data Could Push Bitcoin to $200,000 by Year-End

金色财经2025/06/12 07:09
BTC-0.04%

According to CoinDesk, 21Shares cryptocurrency research strategist Matt Mena stated that the lower-than-expected U.S. inflation data released on Wednesday could lay the groundwork for Bitcoin to accelerate its upward trajectory, with the potential to reach $200,000 by the end of the year. Data from the U.S. Department of Labor shows that the Consumer Price Index (CPI) rose 0.1% month-over-month in May, below economists’ expectations of 0.2%. This suggests that President Trump’s tariff policies have not yet been fully passed on to end consumers. Mena pointed out that as the macroeconomic outlook becomes clearer, Bitcoin inflows will accelerate, and the restoration of institutional confidence, along with the advancement of state-level strategic Bitcoin reserve initiatives, could drive increased ETF inflows.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
VanEck: Institutional Accumulation of ETH Poses Dilution Risk for Unstaked Holders
2
This week, the cumulative net inflow of US Ethereum spot ETFs reached $1.2959 billion.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$122,236.74
-0.13%
Ethereum
Ethereum
ETH
$4,486.65
-0.81%
XRP
XRP
XRP
$2.96
-2.81%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,152.72
-2.04%
Solana
Solana
SOL
$227.58
-2.11%
USDC
USDC
USDC
$0.9997
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2502
-3.30%
TRON
TRON
TRX
$0.3410
-0.43%
Cardano
Cardano
ADA
$0.8414
-3.16%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter