Bitcoin To Cross $100,000 By Early 2025, Bitwise Chief Investment Officer Predicts
Posted On October 30, 2024
Bitwise Chief Investment Officer Matt Hougan on Wednesday expressed optimism about Bitcoin‘s (CRYPTO: BTC) future, predicting it could surpass the $100,000 mark in 2025.
What Happened: In an interview with Yahoo Finance, Hougan cited rising institutional adoption and increasing ETF flows as primary catalysts. “We’re going to six-figure Bitcoin,” Hougan stated, adding, “Crypto has moved from the niche to the mainstream. You have 60% of the largest hedge funds allocating.”
Hougan emphasized that regulatory clarity is becoming less of an obstacle for Bitcoin compared to other digital assets, which face greater regulatory uncertainty.
“Bitcoin has a regulatory burden that’s much …
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