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Why Bitcoin Price Is Still Running Toward $200,000 Despite Tariff-Driven Uncertainty

  • The cryptocurrency market is navigating turbulent waters as geopolitical tensions and trade policies reshape investor sentiment.
  • Bitwise's Chief Investment Officer maintains a year-end price target of $200,000 for Bitcoin despite recent market fluctuations due to import tariffs.
  • The Trump administration's desire for a weaker dollar may benefit Bitcoin, as a weaker dollar typically correlates with Bitcoin's strength.
  • The disruption to the global reserve currency system presents opportunities for alternative reserve assets such as Bitcoin and gold to play a more significant role.

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