The post Bitcoin Still to Hit $200K in 2025, Despite Trump Tariff Unrest: Analysts appeared on BitcoinEthereumNews.com.

In recent weeks, U.S. President Donald Trump’s tariffs have weighed on Bitcoin’s price, but some experts remain undaunted by Thursday’s market declines and still expect the asset springing to new heights this year. Bitwise’s $200,000 year-end price target for Bitcoin remains unchanged, the crypto asset manager’s Head of Research, Ryan Rasmussen, told Decrypt on Thursday. “Once the market settles from this ‘Liberation Day’ chaos, we’ll finally start seeing the market pullback upwards,” he said. “We like to use the analogy that [good news] gets stored as dry powder for when that volatility and uncertainty ultimately subsides.” Bitcoin price recently fell 5.5% on Thursday as investors digested Trump’s “reciprocal” tariffs, to trade around $82,000, according to crypto data provider CoinGecko. On Wall Street, equities dropped on growth concerns and fears of retaliatory trade measures, with the tech-focused Nasdaq plunging more than 5%.  The performance of the largest cryptocurrency by market capitalization has largely correlated with the tech sector over the past few years. The trend has become even more noticeable amid gold’s record-breaking climb, but Rasmussen said it’s worth zooming out, considering that Bitcoin has outperformed the precious metal, S&P 500, and tech-heavy Nasdaq since Nov. 5. “Over the past few months, we’ve had an avalanche of great news,” he said, pointing to the White House’s establishment of a Bitcoin reserve, regulatory shifts, and sovereign wealth funds.  “This market really should already be at 150k if we didn’t have the looming fear of tariffs.” Rasmussen thinks some tariffs will be rolled back, and that the Federal Reserve is still on track to cut interest rates this year, despite the central bank being in wait-and-see mode amid shifts in trade and immigration policy. Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick reiterated his $200,000 year-end price target for Bitcoin in…

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Filed under: News - @ April 4, 2025 1:24 am