
Bitwise CIO Matt Hougan predicts Bitcoin could hit a new record high between $125,000 and $150,000 by year-end, highlighting strong institutional interest despite current retail selling pressures. Institutional investments and ETF inflows signal a potential market bottom soon.

On October 3, 2025, Bitcoin's price jumped over 3% to reach $123,944, fueled by strong investor demand, upbeat U.S. stock markets, and renewed inflows into Bitcoin ETFs despite a U.S. government shutdown. Trading volume grew significantly, highlighting high market activity.