Bitwise Stands Firm on $200K Bitcoin Prediction Despite Global Trade Uncertainties
Despite escalating global trade tensions, Bitwise remains confident in its $200,000 Bitcoin price target for 2025. The firm’s Chief Investment Officer, Matt Hougan, cites geopolitical shifts and U.S. trade policies as potential catalysts for Bitcoin’s long-term growth.
Bitwise Reaffirms $200K Bitcoin Forecast Amid Global Trade Tensions
Bitwise has reiterated its optimistic Bitcoin forecast, maintaining a $200,000 price target for 2025 despite increasing global trade tensions. In a recent blog post, Matt Hougan, Chief Investment Officer at Bitwise, supported the firm’s previous prediction, suggesting that current geopolitical shifts, particularly related to U.S. trade policies under President Donald Trump, could benefit Bitcoin’s long-term growth. ’Dollar down equals Bitcoin up,’ Hougan stated, citing a historical inverse correlation between the U.S. Dollar Index (DXY) and Bitcoin. The DXY has dipped over 7% since the start of 2025, according to Tradingview. Hougan believes this trend will continue as the current administration pushes for a weaker dollar, even at the cost of the greenback’s global reserve status.
China and Russia Embrace Bitcoin for Trade Amid US Financial Influence Scrutiny
Rising geopolitical tensions and tariffs imposed by the Donald Trump administration are prompting nations to reconsider their dependence on the US financial system. A new report from VanEck highlights how the US weaponization of trade and financial infrastructure is driving increased interest in neutral payment systems. Bitcoin is steadily emerging as a practical financial instrument for countries seeking to reduce reliance on the US dollar, with China and Russia leading the pivot by settling certain energy trades using Bitcoin and other digital assets.
Babylon Launches Layer 1 ’Genesis’ for BTC Yield Platform
Babylon, a Bitcoin (BTC) project that allows BTC holders to earn yield on their assets, has launched its layer-1 blockchain "Genesis". The platform has already drawn over $4 billion in total-value locked (TVL). Genesis will serve as a BTC staking network, using staking and timestamping to harness Bitcoin’s security. It will also act as a control plane to coordinate other networks that may stake Bitcoin and as a hub to provide liquidity to decentralized applications.
Crypto Market Outlook: Trump’s Tariff Pause and EU Talks Fuel Bullish Sentiment
As the North American financial market gradually opened on Thursday, April 10, it was evident that US investors are bullish on the wider crypto market. After President Donald Trump’s positive outlook, Bitcoin (BTC) led the altcoin market in mild recovery. Earlier, Ursula von der Leyen, EC President, noted the EU intends to negotiate following Trump’s 90-day suspension of tariffs.
Hermetica Offers 5% Yield on USDh via Velar PerpDEX on Stacks
Hermetica, the issuer of the Bitcoin-backed stablecoin USDh, has partnered with Velar to provide a 5% annual yield for traders using Velar’s perpetual futures exchange on Stacks (STX). The new feature allows users to earn yield on USDh while trading Leveraged Bitcoin (BTC) positions, marking a shift in how traders can use their collateral. Typically, when traders deposit stablecoins to open leveraged positions on futures platforms, the collateral sits idle. Now, users trading on Velar PerpDEX with USDh can earn a weekly yield on that collateral.
