Macro investor and fund manager Dan Tapiero says it is feasible for Bitcoin (BTC) to reach $200,000 in 2025.
In a new thread, Tapiero shares with his 123,500 followers on the social media platform
According to Tapiero, the Federal Reserve is too focused on inflation and interest rates in the US are still too high.
“Danger in China. Do people understand? The second largest economy in [the] The world is now losing its breath.
The Fed’s inflation worries are wrong. Interest rates [are] still too high [the] US fiscal policy will now tighten, the USD will become stronger. Liquidity comes to power… Bitcoin. $200,000 next year [is] feasible.”
Tapiero – the founder of crypto venture capital firm 10T Holdings – says the total market cap of digital assets will move towards $10 trillion at some point this cycle.
“Back in mid-2019, I thought [the total market cap of crypto] could reach $10 trillion. Hence the fund name.
Many Bitcoiners claimed that I was too conservative. You were right.
The cryptocurrency’s total market cap will reach $10 trillion this cycle. Unique asset in…
