Standard crypto funding agency Bitwise Asset Administration maintains a principally bullish outlook on the crypto market as of late 2025, with specific emphasis on Bitcoin (BTC), Ethereum (ETH), XRP, and Uniswap’s UNI token.
This bullish stance has continued regardless of the present excessive volatility, with BTC costs falling to the $85,000 vary and main various currencies equivalent to ETH, XRP, and even SOL struggling to guard the positive aspects made this 12 months.
Bitwise is betting huge on these 4 crypto tokens
There isn’t any doubt that the market was in a bearish section for the primary six months of this 12 months, primarily based on current tweets from Bitwise executives equivalent to Matt Hogan and Hunter Horsley. However they are saying issues have gotten inexperienced once more.
The bullish momentum they are saying might be pushed by elements equivalent to ETF inflows, whale actions, and technical indicators.
Earlier this 12 months, Hogan, Bitwise’s chief funding officer, predicted that BTC may rise to $200,000 by Q3 2029, with a short-term backside primarily based on the ETF’s value foundation round $73,000 to $84,000.
That stance has not modified even now. In accordance with a current thread shared on X, Hogan believes his bullish stance will take maintain as regulatory readability will increase and the market matures additional.
Within the thread, Hogan highlighted a number of alternate options that he hinted had been poised to blow up as a result of that they had gotten higher at capturing worth. Different belongings embody ETH, UNI, and XRP. All of those belongings had been created in a regulatory period the place capturing worth was dangerous, forcing them to default to design decisions with ambiguous governance kinds.
Hogan hinted to X that the regulatory setting has since modified, eliminating the necessity for such a alternative.
He began with UNI, emphasizing that its standing as a governance token had all the time restricted it, particularly for the reason that exercise on Uniswap didn’t deliver advantages to UNI token holders. This case may change quickly if Uniswap implements the anticipated price switching choice. Consequently, 16% of transaction charges might be allotted to burning UNI.
“I feel this can transfer UNI in direction of changing into one of many prime 10 tokens by market cap over time,” Hogan mentioned. I wrote.
He then moved on to ETH, particularly citing the upcoming Fusaka improve that can introduce minimal charges for information recording from layer 2. “Together with different vital adjustments, blockchain has the potential to seize 5 to 10 occasions extra income,” Hogan surmised.
As for XRP, Hogan famous that its neighborhood of holders is presently taking a look at methods to extend worth seize and staking, which have emerged in discussions. Hogan believes that if that occurs, it may change the financial panorama for token holders.
Hogan believes these are only the start, and that the worth seize of alternate options will solely enhance from right here.
Bitwise CEO nonetheless shopping for BTC
Hunter Horsley, CEO of Bitwise, who’s an enormous believer in BTC, mentioned he sees BTC’s retreat to the $85,000 stage as a shopping for alternative.
In a put up shared by X on November twenty third, he revealed that he could not resist the $85,000 value and purchased extra Bitcoin. “It felt good,” he mentioned. I wrote. This put up cites an previous put up from 4 days in the past, the place he revealed that he could not resist shopping for for $89,000 and likewise purchased extra BTC.
In one other put up he shared on the identical day, Mr. Hogan hinted that BTC may backside out quickly, and since timing such a backside is troublesome, the opposite higher various is to purchase the token at a value that feels low-cost, and that’s what he’s doing with BTC.
“Quite a lot of issues look low-cost now,” he says. Posted With X.
A fast scan of Mr. Horsley’s current tweets confirms that he’s placing his cash the place his mouth is. Like Hogan, who predicted that BTC may rise to $200,000 by the third quarter of 2029, Horsley sees a vibrant future not only for BTC however for cryptocurrencies as a complete.
“It should be extra than simply digital gold,” he says. I wrote In a single put up. That specific put up got here after he posted concerning the ongoing evolution of cryptocurrencies.
“Just a few years in the past, ‘digital gold’ was all that mainstream buyers thought of,” he says. I wrote. “Now folks have accepted that it’s ‘digital gold’ + ‘stablecoins’ + ‘tokenization.’”
He added, “In a couple of years, they’ll understand that it is digital gold + stablecoins + tokenization + prediction markets + DeFi + digital id + privateness + DePin + capital elevating + decentralized AI, and so forth.”
