Odaily Planet Daily News Since the U.S. presidential election, Bitcoin has risen by 55%, and has increased more than 140% so far this year. Bitwise Asset Management Chief Investment Officer Matt Hougan pointed out three "unstoppable" sources of demand for Bitcoin: ETFs, MicroStrategy, and the possibility of the government itself becoming a Bitcoin buyer. He added, "It ultimately comes down to supply and demand. Too much demand, not enough supply, so I think the price will be higher in 2025." Wall Street's attitude towards cryptocurrencies is becoming increasingly optimistic, especially with Trump's second term approaching. Standard Chartered had accurately predicted that Bitcoin would climb to $100,000 this year, and now forecasts that Bitcoin will reach $200,000 by the end of 2025, while other bullish predictions suggest that the token's price could rise as high as $500,000. (Jinshi)

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