Analyst: US tariffs cause concerns among ETF investors, but BTC can still reach $160,000-180,000 this year

Odaily reports that Bitcoin recently broke through the key psychological barrier of $90,000, but this rally proved to be temporary. Analysts point out that macroeconomic uncertainty persists, and institutional investment in the cryptocurrency market has declined significantly. Bitget Research's chief analyst, Ryan Lee, said that there are many factors that have led to the Bitcoin crash, including ETFs. He explained: "Due to the withdrawal of institutional investors, the massive outflow of funds from spot Bitcoin ETFs has exacerbated the selling pressure, which may be a reaction to the uncertainty of the macroeconomic environment and the change in risk sentiment. The new tariffs announced by Trump have exacerbated investors' concerns about inflation and economic stability, prompting them to prefer safer assets rather than risky investments like Bitcoin." However, analysts remain optimistic about Bitcoin's price outlook by the end of 2025, with price forecasts ranging from $160,000 to over $180,000.