This article covers blockchain, business, and technology news. Here’s the summary:
Bitcoin suffered its first significant weekly price decline since Donald Trump’s election victory. It fell 10% to $94,645 in the week ending December 22. This decline comes after the Federal Reserve scaled back its interest rate cut projections. This could create a less favorable economic environment for risky assets.
Despite this, asset management firms like Bitwise and VanEck predict that Bitcoin could rise to between $180,000 and $200,000 by 2025. Do you think these predictions are realistic? Share your thoughts in the comments.