Bitcoin Price Prediction from the CEO of Ripple
While Garlinghouse refrained from making predictions about XRP due to his direct involvement with the project, he didnt shy away from weighing in on Bitcoin.
Commenting on recent market optimism and regulatory shifts in the U.S., Garlinghouse suggested that BTC reaching $200,000 by the end of the year is not unreasonable.
He noted that his earlier estimate was around $175,000, but emphasized that many investors may be underestimating the impact of the U.S. shifting from headwinds and hostility to tailwinds regarding crypto regulation.
His prediction comes in response to Cardano founder Charles Hoskinsons own forecast of $250,000 for Bitcoin by year-end, adding to a growing chorus of bullish outlooks from industry leaders.
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