Bitcoin’s ‘fair value’ could be as high as $230K: Bitwise analysts

Trump’s tax cuts and soaring US debt fuel Bitcoin’s rise as a hedge against sovereign default risks, potentially pushing BTC price toward $200,000 or more by 2025.
Key takeaways:
Bitwise predicts Bitcoin could hit $200,000 by year-end, with a potential “fair value” of $230,000.
Trump’s proposed tax cuts and rising US debt position Bitcoin as a hedge against sovereign default risks.