Analysts: Due to the continuous rise in Money Supply, BTC may be pushed up to $132,000 by the end of the year.

Odaily News On April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse a $1.2 trillion trade deficit. This move caused the S&P 500 index to experience a big dump of 9.7% over two days, with a market capitalization evaporating by $5.4 trillion, marking the largest drop in history, surpassing the $3.3 trillion record during the pandemic crash in March 2020. The Nasdaq 100 index's tech stocks were severely impacted, with a single-day fall reaching the highest since 2022. During the same period, Bitcoin only fell by 3.7%, maintaining the critical support level of $82,000. Analysts are confident about Bitcoin's upward potential for the remainder of 2025. Jamie Coutts, Chief Crypto Analyst at Real Vision, stated that the increasing money supply could push Bitcoin's price above $132,000 before the end of 2025. (Cointelegraph)