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Bitcoin to hit $200K by year end: Bitwise reaffirms bullish call

  • Bitwise has reaffirmed its bullish call for Bitcoin to reach $200,000 by year-end.
  • The firm believes institutional interest and regulatory support will drive Bitcoin's rise, but is less confident about Ethereum and Solana.
  • Bitwise's 2025 predictions remain largely on track, including expectations for Bitcoin ETF inflows and crypto unicorns going public.
  • Some forecasts, like a meme coin surge and Coinbase surpassing Charles Schwab in market cap, are not expected to materialize within the 2025 timeframe.

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