<ul data-eligibleForWebStory="true"><li>Bitwise remains optimistic about Bitcoin's future, pointing to factors like strong ETF inflows, rising institutional demand, and increasing stablecoin use.</li><li>Bitcoin hit a record high in May, driven by strategic adoption and treasury accumulation, while other cryptocurrencies faced challenges due to macro pressures.</li><li>The firm maintains its predictions, citing significant ETF flows, a 30% surge in stablecoins, and the rise of tokenized real-world assets, alongside regulatory wins enhancing the industry's credibility.</li><li>Bitwise highlighted progress in the crypto IPO space and expects a strong finish to 2025, with Bitcoin taking the lead despite challenges like the memecoin wave fizzling out and Coinbase's valuation ambitions being unmet.</li></ul>

Bitwise Holds $200K Bitcoin Target as Altcoins Lag Behind

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