Investment firm Bitwise has reaffirmed its prediction that Bitcoin could reach $200,000 by the end of 2025, despite ongoing global trade tensions.
Investment firm Bitwise has reaffirmed its prediction that Bitcoin could reach $200,000 by the end of 2025, despite ongoing global trade tensions. In a blog post dated April 9, chief investment officer Matt Hougan highlighted the historical correlation between a declining U.S. Dollar Index (DXY) and rising Bitcoin prices.
The DXY, which measures the dollar's value against a basket of six major currencies, has dropped over 7% since the beginning of 2025. Hougan noted that a weaker U.S. dollar has often been beneficial for Bitcoin, stating, “Dollar down equals Bitcoin up.”
He pointed to remarks from Steve Miran, chairman of the White House Council of Economic Advisers, who criticized the dollar's reserve status as contributing to trade deficits that harm U.S. manufacturing.
Hougan argued that the current economic environment created by U.S. trade policies under President Donald Trump could further strengthen Bitcoin's position.
He suggested that the fallout from proposed tariffs may lead to a re-evaluation of the dollar's role in global trade, potentially benefiting alternative assets like Bitcoin and gold.
In addition to Bitwise's perspective, crypto analyst Will Clemente remarked on social media that Bitcoin is likely to emerge as a leading asset during economic uncertainty. He emphasized that Bitcoin's performance reflects liquidity rather than earnings, suggesting that the current economic landscape is favorable for crypto.
As of April 9, Bitcoin was trading at approximately $81,700, having increased by 7.5% in the past 24 hours. This price reflects a correction of around 32% from its Jan. 20 all-time high, consistent with historical trends in previous market cycles.
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