Bitwise, a leading institutional crypto investment firm, maintains its bold prediction that Bitcoin could hit $200,000 by year-end. Matt Hougan, Bitwise's CIO, argues that global trade tensions and a push for a weaker dollar by the Trump administration could benefit Bitcoin. He notes that historically, a weaker dollar correlates with stronger Bitcoin performance. As the US Dollar Index drops, Bitcoin's appeal as an alternative reserve asset grows. Meanwhile, reports suggest China and Russia are conducting some energy trades in Bitcoin, highlighting its rising global significance.