According to CNBC, Sid Powell, co-founder and CEO of the centralized finance platform Maple Finance, stated that by the end of 2025, the price of Bitcoin will reach between $180,000 and $200,000. Powell said in an interview with CNBC's Squawk Box Europe program: 'If you look back in history, you'll find that when gold ETFs emerged, the influx sharply increased in the years following their initial listing. I believe we can expect a similar situation with Bitcoin ETFs. As Bitcoin and cryptocurrencies become core asset allocations for institutional asset managers, we will see more funds flowing in over the next few years.' Powell believes another factor driving up the price of Bitcoin is the expectation of the U.S. strategic reserve of Bitcoin. Nonetheless, Powell remains cautious about potential market pullbacks. 'I think pullbacks will still occur; cryptocurrencies are still a cyclical industry.'

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