Bitwise Maintains $200k Bitcoin Prediction, Lowers ETH and SOL Targets
The post Bitwise Maintains $200k Bitcoin Prediction, Lowers ETH and SOL Targets appeared on BitcoinEthereumNews.com.
Bitwise has reaffirmed its year-end 2025 forecast of $200,000 for Bitcoin. However, the asset manager has lowered expectations for Ethereum (ETH) and Solana (SOL) due to weaker price performance and ongoing market pressures. At mid-year, the company reviewed its December 2024 predictions. While Bitcoin has surged, ETH and SOL have seen a decline, leading Bitwise to revise its stance on those assets. Bitcoin Forecast to $200K Remains Unchanged Bitwise Chief Investment Officer Matt Hougan confirmed the firm’s outlook in a July 1 note. “We’re holding firm to our BTC $200k prediction, as there is simply too much institutional demand for BTC to keep prices flat for long,” Hougan wrote. Bitcoin reached a new all-time high of $112,000 in May 2025. This was supported by strong flows into spot ETFs, increasing interest from corporate treasuries, and the establishment of a U.S. bitcoin reserve. Bitwise said these trends are building a strong base for further BTC price rally in the second half of the year. So far in 2025, Bitcoin ETFs have attracted $13.8 billion in net inflows, and Bitwise still expects inflows to surpass 2024’s $35 billion. New access from major wealth platforms is expected to unlock more capital from institutional investors and large funds. ETH and SOL Struggle Despite Broader Market Developments Bitwise has tempered its expectations for ETH and SOL prices. Both assets have underperformed in 2025, with negative year-to-date returns. Hougan and Head of Research Ryan Rasmussen said macroeconomic concerns and slow adoption by institutions have kept momentum low for these two assets. Ethereum and Solana may still see growth, according to Bitwise, but the company is no longer confident that either asset will hit new all-time highs this year. The firm hopes that new use cases, ETF approvals, and growing stablecoin activity could help ETH and SOL…
Filed under: News - @ July 1, 2025 8:23 pm