Bitwise Reaffirms Bitcoin Prediction, Eyes Crypto IPOs

Edited by: Elena Weismann

On July 1, 2025, Bitwise Asset Management maintained its forecast that Bitcoin (BTC) will hit $200,000 by the end of the year, citing strong institutional interest. This prediction comes amid market volatility, with Bitcoin trading at $106,269, down 1.25% from the previous close. (Source: July 1, 2025)

Bitcoin reached a new all-time high of $112,000 in May 2025, fueled by ETF inflows and growing demand. Bitwise's Chief Investment Officer, Matt Hougan, remains confident in Bitcoin's potential. (Source: July 1, 2025)

Ethereum and Solana face challenges, currently down year-to-date. Bitwise anticipates at least five major crypto companies going public in the U.S. in 2025. (Source: July 1, 2025)

Ethereum is priced at $2,430.32, down 2.41%, and Solana is at $147.89, down 5.93% as of July 1, 2025. Bitwise projects the stablecoin market will double to $400 billion. (Source: July 1, 2025)

Sources

  • The Block

  • Bitwise sticks to $200,000 bitcoin forecast for 2025, but tempers ETH and SOL outlook

  • Bitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go public

  • Bitwise forecasts five crypto unicorns to go public in 2025

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