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Bitcoin target prices vary widely: JPMorgan sees 170,000, while Cathie Wood drops to 1.2 million
【Crypto World】The market has been quite interesting lately. On one side, Eric Trump is endorsing Bitcoin, claiming it could overthrow traditional finance methods, which sounds pretty exciting; on the other side, the Federal Reserve’s policies are causing some turmoil, leading to a collective drop in mainstream coin prices. However, JPMorgan remains steady, sticking firmly to their $170,000 target price.
What’s even more interesting is Robinhood’s CEO, who is now considering adding Bitcoin to the company’s treasury—if that happens, it would be big news. Conversely, Cathie Wood has taken a contrarian approach: due to the rapid rise of stablecoins, she has lowered her 2030 Bitcoin price forecast to $1.2 million. That number is quite shocking, though it’s lower than her previous prediction.
Ethereum isn’t staying quiet either; when its price drops, it also affects the valuation of Bitmine Immersion Technologies. The entire market is in this state—high expectations, reality hitting back, but everyone still needs to position themselves accordingly.