Analyst: Due to the growing money supply, BTC may be pushed to $132,000 by the end of the year

Odaily Planet Daily News On April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion trade deficit in goods. This move caused the S&P 500 index to plummet 9.7% in two days, and the market value evaporated by $5.4 trillion, the largest drop in history, surpassing the $3.3 trillion record during the epidemic crash in March 2020. The Nasdaq 100 index technology stocks were bloodbathed, with a single-day drop since 2022. Bitcoin fell only 3.7% during the same period, holding the key support level of $82,000. Analysts are confident in Bitcoin's upside potential for the rest of 2025. Jamie Coutts, chief crypto analyst at Real Vision, said that the growing money supply could push Bitcoin's price to more than $132,000 by the end of 2025. (Cointelegraph)