Bitcoin demand continues to heat up: Bitwise predicts 500,000 dollar potential, VanEck sees 180,000, Ohio proposes BTC strategic reserve bill

On December 18th, it was reported that the demand for Bitcoin in the US market continues to heat up. Matt Hougan, Chief Investment Officer of Bitwise, stated that if the US implements a Bitcoin strategic reserve plan, the price of BTC may rise to $500,000. Meanwhile, Matthew Sigel, Head of Digital Asset Research at VanEck, predicts that by 2025, the price of Bitcoin may reach $180,000, and pointed out that the adoption rate at the enterprise level still needs to be further improved, while traditional asset management companies are progressing slowly.

 

In addition, Ohio House Leader Derek Merrin proposed a bill on December 17th called the "Ohio Bitcoin Reserve Act", which aims to allow state financial officials to purchase Bitcoin within the scope of "appropriate asset allocation". He believes that Bitcoin helps hedging inflation and protects tax revenue from erosion.