As the world grapples with escalating trade tensions, institutional crypto investment firm Bitwise has reaffirmed its ambitious Bitcoin price prediction of $200,000 by the end of 2025. In a recent blog post, Bitwise’s Chief Investment Officer Matt Hougan expressed his belief that this forecast remains viable, despite the challenging economic landscape.
Back in December, Bitwise made headlines with its bold prediction, and Hougan’s renewed confidence points to underlying factors that could bolster Bitcoin’s value. Specifically, he cited the potential implications of President Trump’s global tariff strategy, which aims for a weaker dollar. According to Hougan, a decrease in the dollar’s strength could pave the way for Bitcoin’s ascendancy.
Hougan referenced a speech by Steve Miran, Chairman of the White House Council of Economic Advisers, wherein he outlined the detrimental effects of the dollar’s reserve currency status on the U.S. economy. This commentary suggests that a reevaluation of the dollar’s role could lead to the rise of alternative assets like Bitcoin.
The historical relationship between the dollar and Bitcoin further supports this outlook. According to Hougan, a decline in the U.S. Dollar Index (DXY) has often correlated with Bitcoin price surges. As the DXY has seen a 7% decline since the start of 2025, analysts are keen to see if this trend continues.
Looking ahead, Hougan believes that the disruptions to the global reserve currency system could create opportunities for alternative assets, not only for Bitcoin but also for traditional assets like gold. He posits, “Governments and companies turn to the dollar for international trade precisely because of its stability. When that stability comes into question, they have to look elsewhere.” This commentary raises intriguing possibilities for Bitcoin’s role in a potentially more fractured reserve currency landscape.
Recent developments have lent further credence to these theories, with reports of China and Russia exploring Bitcoin as a settlement mechanism for energy trades amid Trump’s intensifying tariffs. Such shifts highlight an evolving attitude toward cryptocurrencies as viable alternatives to traditional fiat currencies.
Bitcoin’s Resilience in Times of Economic Uncertainty
In the world of cryptocurrency trading, perspectives remain optimistic. Analyst Will Clemente recently noted that “Bitcoin will be the fastest horse” coming out of current market fluctuations. Indeed, amid the chaos of economic uncertainty and deglobalization, many experts believe Bitcoin will benefit from increased liquidity.
As of now, Bitcoin is riding a wave of momentum, with recent valuations reflecting a notable increase. Currently sitting at $81,700, it has demonstrated resilience despite experiencing a 32% correction since its all-time high in January 2025.
The overarching sentiment among analysts suggests that, even in the face of global trade tensions and economic uncertainty, Bitcoin’s position as a digital asset is likely to strengthen. While the road ahead may be unpredictable, the potential for Bitcoin to emerge as a prominent alternative asset is increasingly apparent.
