Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee for another read about Bitcoin (BTC) from Max Keiser, one of the most popular pioneers. His latest comments come amid soaring Bitcoin price, with the king of crypto progressively threatening to sidestep fiat money.
Crypto News of the Day: Max Keiser Says Bitcoin Could Hit $220,000 in 2025
In a recent US Crypto News publication, BeInCrypto reported Max Keiser’s prediction that Bitcoin would hit $200,000, a move that he said would alter global finance.
“At $200,000 BTC, we trigger the tipping point when millions of Bitcoiners have the wherewithal and political will to opt out of the banking system and the nation state. I am already seeing this in El Salvador. And the trickle will become a raging torrent at $200,000. And this is just the beginning,” Keiser told BeInCrypto.
The Bitcoin pioneer has revised his target, noting that Bitcoin could hit $220,000 this year. What may have prompted this change in outlook, and more importantly, why the urgency with 2025 halfway in?
Keiser’s bullish forecast for Bitcoin comes amid the pioneer crypto’s growing influence in mainstream finance. A recent US Crypto News publication pointed to this effect, indicating BlackRock’s BTC stash nearing that of Satoshi Nakamoto.
Against this backdrop, and cognizant of Bitcoin’s growing role in traditional finance (TradFi), Keiser has called out US President Donald Trump’s fiat money addition.
“I offer a solution for trump’s fiat money addiction, fiat money addicts need to find their bottom, and be willing to hear the message of Bitcoin. When Trump is ready to recover, Bitcoin will still be here, just a lot higher in price,” Keiser said.
The Bitcoin maxi referenced a 2022 interview where he had also forecasted a Bitcoin rally to $220,000.
Despite skepticism for his 2022 predictions, the pioneer crypto’s value has grown by nearly 600% from the depths of $16,000. This traction lends credibility to the forecast despite the volatility characteristic of the industry.
Beyond fundamentals, technicals also align with John Bollinger, inventor of the Bollinger indicator, who predicted a Bitcoin price breakout, as reported in another US Crypto News publication.
“Bitcoin looks to be setting up for an upside breakout as the week gets going,” Bollinger wrote in a post.
While optimism still abounds, Bitcoin price nicked a new all-time high (ATH), topping out at $111,999 on Binance. As of this writing, BTC was trading for $110,849, up 1.25% in the last 24 hours.
With prospects for further upside, Max Keiser declined to give the date he expects Bitcoin to hit $220,000, citing a need to keep markets calm.
“If I gave you both the price and date most of you would be scared,” Keiser added.
Like Keiser, Standard Chartered also forecasted a rally for Bitcoin, citing $135,000 in Q3 and $200,000 by Q4. Meanwhile, others like BitMEX co-founder Arthur Hayes are even more optimistic, anticipating a $250,000 per BTC target for Bitcoin this year.
However, Hayes’ forecast is contingent on the Federal Reserve (Fed) shifting to quantitative easing (QE).
Nearly $7.4 Trillion Parked in Money Market Funds
Meanwhile, data according to Barchart shows up to $7.397 in money market funds (MMFs). This marks a modest surge from a month ago, when BeInCrypto reported $7.24 trillion in these investment vehicles.
This marks a new all-time high (ATH) for assets in MMFs, suggesting investors may be seeking safety amid economic uncertainty. MMFs are low-risk investments offering liquidity and yields.
With this capital signaling sidelined liquidity, some analysts view this cash buildup as a signal of market hesitation that could pivot bullish. If the capital is channeled toward Bitcoin, it could catalyze a breakout amid rising global liquidity, as indicated in a recent US Crypto News publication.
“It [money parked in MMFs] is capital that doesn’t trust the system…The moment Bitcoin confirms itself as the reserve-grade escape valve, even a 5% rotation from that $7T pile would obliterate supply and launch BTC into a new monetary regime,” Crypto strategist SightBringer said recently.
However, other analysts hold a more measured opinion, saying that capital held in MMFs must be viewed in proportion to total market capitalization.
Macro analysts argue that despite trillions held in money market funds, investors could have less dry powder than many believe relative to the equity market size.
“I’ve noticed a common narrative suggesting that the surge in money market funds means there’s a large amount of cash sitting on the sidelines. That couldn’t be further from the truth, in my view,” macro analyst Otavio Costa challenged.
Chart of the Day
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today:
Crypto Equities Pre-Market Overview
| Company | At the Close of July | Pre-Market Overview |
| Strategy (MSTR) | $415.41 | $413.08 (-0.56%) |
| Coinbase Global (COIN) | $373.85 | $375.63 (+0.48%) |
| Galaxy Digital Holdings (GLXY) | $20.17 | $20.24 (+0.35%) |
| MARA Holdings (MARA) | $18.46 | $18.52 (+0.33%) |
| Riot Platforms (RIOT) | $12.24 | $12.21 (-0.25%) |
| Core Scientific (CORZ) | $13.43 | $13.30 (-0.97%) |
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Source link
Lockridge Okoth
https://beincrypto.com/max-keiser-new-bitcoin-prediction-us-crypto-news-2/
2025-07-10 15:03:49
