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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Will Pass $250K, Central Banks Will Jump In Before Next Halving: Bitwise CIO

Bitcoin Bitwise Matt Hougan
Bitcoin is four years away from its next halving, and Bitwise's CIO believes there's a lot of bullish scenarios in store for the digital asset ahead of the 2028 event. (Credit: Pixabay)

KEY POINTS

  • Hougan expects Bitcoin volatility to drop by 50% due to the entry of new investors interested in BTC ETFs
  • He also believes Bitcoin ETFs will post over $200 billion in net flows and pass $250K
  • He expects countries increasingly using financial tools as policy levers to join the Bitcoin craze

Bitcoin's price has not moved much since the halving on Saturday, but some crypto experts remain bullish, and Bitwise's chief investment officer is just one of them as he predicted that the world's first decentralized digital asset will pass $250,000 sometime before the next halving.

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