🔔Bitwise CIO: Bitcoin is expected to exceed $200,000 by the end of the year According to Mars Finance, on July 11, Bitwise CIO Matt Hougan said that the rise in Bitcoin prices was mainly due to increased demand and limited supply, as well as large purchases by companies and ETFs. It is expected that Bitcoin will exceed $200,000 by the end of the year, and the accelerated inflow of institutional and corporate funds will drive a sharp rise in prices.