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

On April 2nd, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion trade deficit. This move caused the S&P 500 index to plummet by 9.7% in two days, with market value evaporating by $5.4 trillion, creating a historic decline that surpassed the $3.3 trillion record during the March 2020 pandemic crash. The Nasdaq 100 technology stocks were severely hit, with a single-day drop reaching a record since 2022. Bitcoin, however, only dropped by 3.7%, maintaining a key support level of $82,000. Analysts are confident about Bitcoin's potential growth for the remainder of 2025. Jamie Coutts, Chief Crypto Analyst at Real Vision, stated that the continuously growing money supply might push Bitcoin's price above $132,000 before the end of 2025. (Cointelegraph)