The US federal debt has reached a record $37 trillion, and rising deficits and potential money supply growth could support a rise in bitcoin prices to $132,000 by the end of the year. Analysts say the ballooning deficit could eventually prompt more accommodative monetary policy, including quantitative easing, which involves large-scale bond purchases by central banks to inject liquidity into the financial system.
Bitcoin proponents believe that the growing money supply and rising inflation concerns could lead to a renewed awareness of bitcoin's currency scarcity, which could push bitcoin to a new all-time high. Jamie Coutts, principal crypto analyst at Real Vision, estimates that the growing money supply could push the price of bitcoin above $132,000 by the end of 2025, based on its correlation with BTC.
Analyst: Growing Money Supply Could Push Bitcoin Above $132,000 By Year's End
2025-08-13 11:07:41
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