According to Odaily Planet Daily, Bitcoin has risen 55% since the US presidential election and more than 140% so far this year. Matt Hougan, chief investment officer of Bitwise Asset Management, pointed out three "unstoppable" sources of demand for Bitcoin, namely ETFs, Microstrategy, and the government itself may become a Bitcoin buyer. He added: "Ultimately it comes down to supply and demand. There is too much demand and not enough supply, so I think the price will be higher in 2025."
Wall Street has become increasingly bullish on cryptocurrencies, especially as Trump’s second term looms. Standard Chartered, which correctly predicted Bitcoin would climb to $100,000 this year, now predicts it will hit $200,000 by the end of 2025, while other bullish predictions see the coin’s price rising to as high as $500,000.

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