BlockBeats message, on January 1, according to CNBC, Sid Powell, co-founder and CEO of CeFi platform Maple Finance, said that by the end of 2025, the price of BTC will reach between $180,000 and $200,000. Powell said in an interview with CNBC's 'Squawk Box Europe' program: 'If you look back at history, you'll find that when the gold ETF appeared, the inflow increased sharply in the years after the first year of listing. I think we can expect the same situation with BTC ETF. As BTC and Cryptoactifs become the core asset allocation for institutional asset managers, we will see more funds flowing in in the coming years.' Powell believes that another factor driving the pump in BTC price is the anticipation of the US strategic reserve for BTC. Nevertheless, Powell remains cautious about market pullback. 'I think pullback will still occur, and Cryptoactifs is still a cyclical industry.'
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Prévision de Maple Finance: BTC atteindra 180 000 à 200 000 dollars d'ici la fin de l'année, mais le chiffrement reste cyclique
BlockBeats message, on January 1, according to CNBC, Sid Powell, co-founder and CEO of CeFi platform Maple Finance, said that by the end of 2025, the price of BTC will reach between $180,000 and $200,000. Powell said in an interview with CNBC's 'Squawk Box Europe' program: 'If you look back at history, you'll find that when the gold ETF appeared, the inflow increased sharply in the years after the first year of listing. I think we can expect the same situation with BTC ETF. As BTC and Cryptoactifs become the core asset allocation for institutional asset managers, we will see more funds flowing in in the coming years.' Powell believes that another factor driving the pump in BTC price is the anticipation of the US strategic reserve for BTC. Nevertheless, Powell remains cautious about market pullback. 'I think pullback will still occur, and Cryptoactifs is still a cyclical industry.'