Foresight News reports that Bitwise CIO Matt Hougan stated that the rise in Bitcoin prices is mainly due to relentless demand meeting limited supply, along with significant purchases by companies and ETFs. Moreover, he expects Bitcoin to surpass $200,000 by the end of the year, with accelerated institutional and corporate funding driving substantial price increases.
Bitwise CIO: Expects Bitcoin to Surpass $200,000 by Year-End
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