This week began with signs of recovery in the cryptocurrency market following a significant $19 billion crash earlier in the month, fueled by renewed demand for digital assets amid hopes for a resolution to the ongoing US-China tariff conflicts. Investor focus was largely on the trade negotiations between US President Donald Trump and China’s President Xi Jinping, aimed at preventing further import tariff hikes. However, optimism faded midweek when Bitcoin ETFs experienced $470 million in outflows despite the US Federal Reserve’s 25 basis point interest rate cut. Thursday’s tariff discussions ended without any concrete outcomes, injecting fresh uncertainty into both global and digital markets.
Michael Saylor, co-founder of MicroStrategy—the largest Bitcoin treasury company—remains bullish, forecasting Bitcoin’s price to reach $150,000 by the end of 2025. Speaking at the Money 20/20 conference in Las Vegas, Saylor highlighted 2025 as possibly the industry’s best year yet, crediting regulatory progress such as the US Securities and Exchange Commission’s acceptance of tokenized securities and Treasury Secretary Scott Bessent’s endorsement of stablecoins. “Our expectation right now is that by the end of the year, it should be about $150,000, and that’s the consensus of the equity analysts who cover our company and the Bitcoin industry,” he stated.
Saylor’s forecast comes amid lingering market depression sparked by fears of macroeconomic instability following President Trump’s announcement of 100% additional tariffs on China. Despite these headwinds, Saylor’s confidence underscores a broader belief in the resilience and long-term value growth of Bitcoin.
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