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Bitwise CIO: Bitcoin may push up to $100,000 by the end of the year, and ETH will also hit a record high
Bitwise CIO Matt Hougan said that all the selling headwinds at the moment are one-off sales, creating a short-term liquidity shock, while the seasonal period when cryptocurrencies are typically less liquid is coming to an end. In contrast, spot bitcoin ETF inflows, bitcoin halving, a shift in political attitude towards spot ethereum ETFs, and the prospect of a Federal Reserve rate cut have all created a better long-term environment for cryptocurrencies. Coupled with the strong growth of the stab...
2024-07-10 15:46:23
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