Bitcoin Still to Hit $200K in 2025, Despite Trump Tariff Unrest: Analysts
U.S. President Donald Trump's tariffs have negatively impacted Bitcoin's price, which recently fell 5.5% to around $82,000. Despite this, experts like Ryan Rasmussen from Bitwise maintain a $200,000 year-end price target for Bitcoin, suggesting that positive market developments will emerge post-tariff chaos. Bitcoin's performance has correlated with the tech sector, but it has outperformed gold, the S&P 500, and the Nasdaq since November 5. Analysts expect some tariffs may be rolled back, and the Federal Reserve is anticipated to cut interest rates this year. Standard Chartered also supports the $200,000 target. Cosmo Jiang views tariffs as a negotiating tool that could lead to market recovery. Jess Houlgrave emphasizes Bitcoin's position as a store of value compared to other digital assets. Arthur Hayes warns Bitcoin must stay above $76,500 to maintain momentum before tax payments on April 15.
