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.
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