Bitcoin’s price could hit $200K by the end of 2025, according to asset manager Bitwise. The drawdown of the U.S. dollar and the trade tiff between the U.S. and other nations may push the demand for unusual features and commodities, pushing the price of Bitcoin upward. The U.S. dollar is becoming weaker. A weakening US Dollar Index (DXY) has historically been a bullish sign for Bitcoin, and he expects it to be the start of a bullish pattern. When the dollar drops, Bitcoin usually goes up.
President Donald Trump’s tariff pressure has caused the U.S. Dollar Index to decline by at least 7% since the year began. Recently, Steve Miran, a White House economic advisor, said that the dollar is the reserve currency of the world. Additionally, this has led to long-term trade imbalances and a weakening of the U.S. economy.
This language may indicate a loss of faith in the U.S. dollar’s dominance. According to Hogan, the move allows other assets like Bitcoin and gold more of a chance to become a global reserve.
According to Hougan, it used to be that the dollar was always the currency of choice for trade. “But if that reliability is thrown into question, nations and businesses may begin to turn elsewhere.”
This new outlook in finance might help Bitcoin after some time, as it becomes a modern “hard money” as the world tends to move towards a more versatile reserve.
Reports point out that countries such as China and Russia are looking to Bitcoin for energy trade settlements. This evidence indicates that a move away from traditional financial systems is happening.
After its record high in January 2023, the price of Bitcoin fell by 32%. But it has rallied back, gaining 7.5% in the past 24 hours to trade at $81,700. This price growth, which some analysts consider a recovery, indicates that investors might be changing their perspective for the better.
According to crypto analyst Will Clemente, Bitcoin has the potential to be the fastest horse, and as the world moves away from large American banks and seeks alternative assets that cannot be seized, BTC will only benefit.
A $200K prediction seems likely due to pressure on traditional currencies and institutional demand.
