Matrixport Maintains Prediction of Bitcoin Price Surging to $45,000 by Year-End
Matrixport posted on the X platform, stating that despite market resilience, the bulls continue to dominate, and Bitcoin has withstood the selling pressure. Inflation data shows that the U.S. non-seasonally adjusted CPI year-on-year for October has dropped to 3.2%, suggesting the possibility of a rate cut by the Federal Reserve. The U.S. government did not experience a shutdown, ensuring government funding support and keeping the hope alive for the approval of a Bitcoin ETF. With the market maintaining a bullish outlook, Matrixport maintains its long-term expectation for Bitcoin's year-end target price of $45,000.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Slowmist Releases October Web3 Security Incident Report
TEAMZ Web3・AI Summit 2025: Bringing Global Leaders to Tokyo
Russia Establishes Legal Framework and Standards for Crypto Mining
Japan’s Crypto Industry to Launch “Self-Regulation” of Stablecoins
0.00