The CEO of Maple Finance, a CeFi platform, Sid Powell, said that by the end of 2025, the price of BTC will reach between $180,000 and $200,000, according to BlockBeats. Powell stated in an interview with CNBC's 'Squawk Box Europe' that if we look at history, we will find that when gold ETFs appeared, the inflow increased sharply in the years following the first year of listing. I believe we can expect the same situation with BTC ETFs. As BTC and cryptocurrencies become core asset allocations for institutional asset managers, we will see more capital inflows in the coming years. Powell believes that another factor driving the pump in BTC price is the expectation of the US strategic reserve for BTC. However, Powell remains cautious about market pullbacks. 'I believe pullbacks will still occur, as cryptocurrencies are still a cyclical industry.'
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Maple Finance dự đoán: BTC sẽ đạt mức 18-20 nghìn USD vào cuối năm, nhưng mã hóa vẫn tồn tại chu kỳ
The CEO of Maple Finance, a CeFi platform, Sid Powell, said that by the end of 2025, the price of BTC will reach between $180,000 and $200,000, according to BlockBeats. Powell stated in an interview with CNBC's 'Squawk Box Europe' that if we look at history, we will find that when gold ETFs appeared, the inflow increased sharply in the years following the first year of listing. I believe we can expect the same situation with BTC ETFs. As BTC and cryptocurrencies become core asset allocations for institutional asset managers, we will see more capital inflows in the coming years. Powell believes that another factor driving the pump in BTC price is the expectation of the US strategic reserve for BTC. However, Powell remains cautious about market pullbacks. 'I believe pullbacks will still occur, as cryptocurrencies are still a cyclical industry.'